However, like-for-like-for-like sales were held back by poor May weather which compared to a favourable market environment in the same period last year.
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The overall sales at the company grew 210 percent from a year earlier on a like-for-like basis, beating expectations for 2300 percent like-for-like growth.
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For 2017, Danone also reiterated it expected a "moderate" like-for-like sales growth and a "sustained" improvement on recurring operating margins on a like-for-like basis.
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Pernod's first quarter sales came in at 2.387 billion euros ($2.74 billion), a like-for-like rise of 10.4 percent that beat analysts' estimates for 7.4 percent like-for-like growth.
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Progress was helped by Poundland's return to like-for-like growth and strong like-for-like growth in PEPCO, one of the largest non-food retail chains in central and eastern Europe.
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Like-for-like store sales at its core sports fashion business rose 10 percent but the company said it was "unreasonable" to expect like-for-like sales growth to be maintained at this level.
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LafargeHolcim's first-half earnings before interest, tax, depreciation and amortisation rose by 11% on a like-for-like basis to 2.66 billion Swiss francs, while like-for-like sales rose 3.5% to 13.06 billion francs.
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LafargeHolcim's first-half earnings before interest, tax, depreciation and amortization rose by 11% on a like-for-like basis to 2.66 billion Swiss francs, while like-for-like sales rose 3.5% to 13.06 billion francs.
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Revenue rose 24.5 percent to 8.461 billion pounds, while like-for-like revenue grew 3.2 percent year-on-year, and Wolseley said like-for-like revenue had grown about 4.5 percent since the end of the period.
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Like-for-like adjusted revenue rose 12.8 percent to 1.355 billion pounds.
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Booker's like-for-like sales rose 15.1 percent in the second quarter.
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Analysts were expecting Reckitt's Health like-for-like sales to rise 13%.
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Wetherspoon said like-for-like sales for the 12 weeks to Jan.
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Publicis posted 22015% growth in its like-for-like operations in 23.7.
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He said like-for-like sales were expected to improve during 2017.
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Analysts were expecting Reckitt's Health like-for-like sales to rise 1.3%.
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On a like-for-like IAS 17 accounting basis, HEPS rose 13%.
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Initiatives to enhance product offering and services support like-for-like sales.
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For the full year, net revenue came in at 12.60 billion pounds, with like-for-like sales up 3 percent, slightly ahead of analysts' expectations for revenue of 12.59 billion with like-for-like sales up 2.7 percent.
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Over the next three years, it is targeting growth in annual like-for-like operating revenues of at least 7 percent and growth in annual like-for-like operating earnings before interest and tax of at least 9 percent.
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"We aim to increase like-for-like sales and improve profitability... We are viewing 13 as a floor for the company for sure," he said, adding like-for-like sales had been positive since the fourth quarter of 2015.
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Its key total like-for-like sales dropped 10% in the second quarter.
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Borgel said like-for-like figures showed a 22.8 percent increase in turnout.
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Like-for-like revenue, which strips out currency swings and acquisitions, rose 6.8%.
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Kingfisher's like-for-like sales fell 20.7811 percent in the quarter to Oct.
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Like-for-like sales fell 0.9 percent for the 13 weeks ended Aug.
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UK like-for-like sales growth was 0.3 percent in the previous quarter.
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Like-for-like sales, stripping out currency moves, acquisitions and divestments, climbed 6.4%.
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Morrisons said it had expected a slight easing in like-for-like sales.
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Excluding the Spanish acquisition, earnings grew 3% on a like-for-like basis.
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That meant clothing & home like-for-like sales, adjusted for Easter, fell 219%.
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In Brazil, Carrefour's second-largest market, like-for-like sales rose 12.4 percent.
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Pingo Doce like-for-like sales up 1.3 percent and 1.2 percent, respectively.
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Comparable group turnover grew 6%, with like-for-like sales growth of 2.9%.
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They are forecasting a fall of 1.4% in like-for-like clothing and home sales, while like-for-like food sales are forecast to be down 2.4%, partly reflecting management's moves to make the business more competitive by cutting prices.
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On a like-for-like basis revenue rose 4 percent in the second quarter.
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Like-for-like sales fell 0.8 percent in the seven weeks to July 15.
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People are finding it hard to get that like for like guest count growth.
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Meij cited explosive growth in online ordering, which outstripped like-for-like store sales.
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Like-for-like sales in Britain and Ireland fell 0.7 percent in the quarter.
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Second-quarter like-for-like sales, rose 2.5% - above analysts' expectations for 2.2% growth.
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Analysts had expected like-for-like sales growth of around 10% in the period.
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Asda's like-for-like sales rose 1.1 percent in the three months to Sept.
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The company said group like-for-like revenue had fallen 9 percent in July.
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Having reported twelve consecutive quarters of like-for-like growth, a 13th is expected.
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UK like-for-like revenue in the second half of the year to Oct.
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It said total like-for-like sales had grown particularly in May and June.
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Sales on a like-for-like basis rose 2 percent to 5.7 billion euros.
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Excluding deals, closures and currency movements, like-for-like RevPAR was up 1.4 percent.
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Including online sales, like-for-like turnover rose by 1.0 percent on the year.
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That is an improvement from like-for-like sales that were flat in 2017.
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Market conditions in Poland remained supportive with like-for-like sales up 7.3 percent.
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Overall group like-for-like sales were flat - in line with analysts' consensus expectations.
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Wetherspoon's like-for-like sales rose 5.9% for the six weeks to Sept. 8.
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The company, which competes with Sodexo, said it still expected like-for-like operating revenue growth of more than 7 percent this year, as well as like-for-like growth in earnings before interest and tax (EBIT) of more than 9 percent.
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Danone is targeting group like-for-like sales growth of around 20.8% and an operating margin above 22.2% for 23, putting it on track for its 103 goals of an operating margin above 210% and like-for-like sales growth of 21-20.8981%.
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Danone is targeting group like-for-like sales growth of around 20.8% and an operating margin above 33% for 23, putting it on track for its 210 goals of an operating margin above 210% and like-for-like sales growth of 4-5%.
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Its total like-for-like sales, a key metric, dropped 10% in the third quarter, when excluding the impact from Hong Kong where it said that the extraordinary turmoil had led to a negative like-for-like growth of 50% in the market.
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Merlin said year-to-date revenue at its indoor sites in city centres and resorts, fell 0.4 percent on a like-for-like basis, offsetting stronger trading at its theme parks, resulting in 1.3 percent like-for-like growth for the group.
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Dunelm, which sells home furnishing products including bedding and kitchen equipment out of more than 170 stores, said on Wednesday that like-for-like online sales surged 32.1 percent in the quarter ended March, while like-for-like store sales rose 9.8 percent.
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On June 15th Kroger, the country's second-biggest chain, reported declining like-for-like sales.
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Inditex maintained its full-year guidance of 4-6% growth for like-for-like sales.
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They were up 3.1% on a like-for-like basis and reached 5 billion euros.
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Revenue fell 13.4% to 386.4 million pounds, with UK like-for-like sales down 9.1%.
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Second-quarter like-for-like sales, rose 20.8981% - also above analysts' expectations for 2.2% growth.
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Second-quarter like-for-like sales, rose 2.5% - also above analysts' expectations for 2.2% growth.
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The group reported 1.3 percent like-for-like growth in the 38 weeks to Sept.
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Like-for-like sales in Britain rose 1.9 percent in the 13 weeks to Jan.
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Booker's like-for-like sales rose 14.3 percent, including tobacco, partly reflecting new business wins.
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First half like-for-like sales at the B&M UK stores business rose 3.7%.
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On a like-for-like business, premiums were 7% higher than the year-ago period.
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Pendragon's like-for-like revenue grew by 3.7 percent in the three months to Sept.
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Revenue rose 3.2 percent to 185.3 million pounds, but like-for-like sales fell marginally.
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The numbers aren't like-for-like, but imply Didi's path to profitability will be longer.
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Like-for-like sales were flat, ending a run of 25 straight quarters of growth.
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Primark performed particularly well in Britain, with like-for-like sales seen up 1.5 percent.
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Hugo Boss said third quarter sales in China rose on a like-for-like basis.
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But headcount is actually growing on a like-for-like basis in the investment bank.
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The group's international business - the Nordics and Greece - saw like-for-like sales rise 3%.
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This marked a like-for-like rise of 0.9%, below analysts expectations for 1.4% growth.
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Lighting and thermal systems both recorded 11 percent sales growth in like-for-like terms.
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Topps said retail like-for-like sales fell 5.5% in the eight weeks to Feb.
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Like-for-like sales, excluding fuel, fell 0.7% in the 15 weeks to Jan. 4.
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Its like-for-like revenue grew by 3.7 percent in the three months to Sept.
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Tesco's UK like-for-like sales rose 0.4% in the 13 weeks to May 25.
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Hugo Boss shares fell 6 percent, with traders citing like-for-like sales slightly underperforming expectations.
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Nevertheless, Accor's LfL (like-for-like) revenue in France was mitigated by its asset-light model.
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Neither leader responded with like-for-like bombast, but even so distaste for his tactics growing.
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Like-for-like sales first slowed in 2013 and were roughly flat in 2014 and 2015.
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On a like-for-like basis excluding currency effects, the decline would have been 2.7 percent.
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Like-for-like sales, a key measure of retailers' performance, fell 4.3% from a year earlier.
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Primark's UK like-for-like sales rose 2 percent in the six months to March 4.
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Like-for-like sales at Magnit fell 3.4 percent in 2017 as traffic dropped 3.2 percent.
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Its like-for-like sales in the second quarter were down 1.41 percent, year-on-year.
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Like-for-like sales in the first six months of the year were down 2 percent.
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Group like-for-like sales were up 1.4 percent and in line with the company's expectations.
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This also compared to 7% like-for-like growth achieved in the fourth quarter of 2018.
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Like-for-like food sales fell 2.1 percent versus an analysts' consensus of down 0.6 percent.
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Tod's said that like-for-like sales were down 2.1 percent in the January-September period.
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Second-quarter like-for-like sales rose 3.3 percent, topping the 3.1 percent expected by analysts.
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Like-for-like sales increased 6.9% for the 10 weeks and total sales was up 6.6%.
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"Good like-for-like (sales), but weak bottom line points to margin destruction," said a trader.
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Ceconomy said like-for-like sales rose 5.8 percent, while online sales were up 21 percent.
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Like-for-like sales grew 7.5 in the quarter, ahead of a 7.1 percent mean forecast.
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Analysts had forecast like-for-like sales growth of 1.25 to 2 percent for the quarter.
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He reiterated the view that like-for-like sales will be positive for the full year.
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Rank said like-for-like group revenue grew 2 percent for the six months ended Dec.
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Asda said its like-for-like sales fell 1.1% in the three months to March 31.
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Like-for-like retail sales in December fell 0.1 percent year-on-year, according to BDO.
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CFO Emilio Macellari told analysts he expected "flattish" like-for-like sales in the full year.
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On a like-for-like basis, consolidated gross sales rose 6.6 percent in the first quarter.
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The company added that 2017 was its ninth consecutive year of like-for-like sales growth.
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The company said like-for-like sales were negative over the period, without providing a figure.
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The group said retail like-for-like sales fell 5.5% in the eight weeks to Feb.
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On a like-for-like basis, Atacadão posted a rise of only 1.8% in gross sales.
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The company had forecast like for like sales growth between flat and up 2% this year.
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Excluding the contributions from recent acquisitions and currency fluctuations, like-for-like earnings grew by 7%.
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Without giving a figure, Lidl said sales measured on a like-for-like basis were positive.
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Like-for-like sales for the 11 months to December declined by 0.6% year on year.
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The quarterly like-for-like sales outcome was helped by a 1 percent contribution from online.
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Kingfisher said B&Q's like-for-like sales fell 2500 percent in the quarter to Jan.
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Excluding that business, that implies like-for-like growth of 7%, analysts at Goodbody Stockbrokers estimated.
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Second-quarter like-for-like sales rose 0.2 percent - below analyst expectations for 0.4 percent growth.
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Group like-for-like sales grew 0.9 percent, boosted by a 3.0 percent increase in international sales.
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Its like-for-like sales growth was 3 percent in the quarter, in line with market expectations.
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WPP posted its 2016 earnings on Friday with like-for-like revenue growth of around 3 percent.
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The company had reported in January a 1.4 percent decline in full-year like-for-like sales.
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Carpetright said that while a trend in like-for-like British sales has improved it remained negative.
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It said like-for-like sales rose by 3.2 percent in the eight weeks to Feb. 24.
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Danone kept its 2016 target for like-for-like sales growth of between 3 and 5 percent.
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|
ITE reported an 8 percent fall in like-for-like revenue in its fourth quarter ended Sept.
|
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In individual stock news, Sainsbury's reported first-quarter like-for-like retail sales down 0.8 per cent.
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|
The retailer has recorded an 8.9 percent fall in like-for-like sales during the first quarter.
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L'OREAL SAYS Q2 SALES UP 9.8% TO 7,26 BLN EUR, RISE 6.8% ON LIKE-FOR-LIKE BASIS
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Pombukhchan said the company expected zero like-for-like sales growth in the second half of 2018.
|
|
Debenhams said group like-for-like sales fell 1.7 percent in the 15 weeks to June 16.
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Second-quarter like-for-like sales, however rose 0.2 percent - below analyst expectations for 0.4 percent growth.
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Overall group revenue reached 1.378 billion euros, an 11.9 percent rise on a like-for-like basis.
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Kingfisher said group like-for-like sales fell 1.9 percent in its second quarter to July 31.
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|
In the core B&M UK business revenue rose 13.8%, with like-for-like growth of 3.9%.
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Asda said its like-for-like sales rose 13 percent in its fiscal third quarter to Sept.
|
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Analysts had expected like-for-like sales growth of around 10%, following 11% in the first quarter.
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This was driven by growth in all regions, with strong like-for-like (lfl) increase in France.
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Carrefour's quarterly performance was ahead of the 0.3 percent like-for-like sales decline reported by Casino.
|
|
Second-quarter like-for-like sales, rose 3.3 percent - slightly above analysts' expectations for 3.1 percent growth.
|
|
Overall group revenue reached 853 billion euros, an 11.9 percent rise on a like-for-like basis.
|
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It said group like-for-like sales fell 1.3 percent in the three months to Oct. 31.
|
|
However, adjusting for the later Easter, Asda's like-for-like sales, excluding petrol, increased 0.5%, it said.
|
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On a like-for-like basis, after stripping out the contribution of Abertis, sales were up 4%.
|
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Like-for-like fourth-quarter sales rose 7 percent, driven by strength of its consumer health portfolio.
|
|
It reported a 7.7% rise in like-for-like sales in the first half of the year.
|
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Total managed and franchise like-for-like sales rose 1% for the 16-week period to Jan.
|
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Morrisons' like-for-like transactions grew 3.1 percent in the quarter, while volume growth was 3.3 percent.
|
|
Like-for-like sales dropped 6.1% in France and were down 1% in the UK and Ireland.
|
|
This was reflected in positive underlying like-for-like sales growth during the crucial Christmas trading period.
|
|
Its core business, video application, showed a 1.2 percent like-for-like decline in the first-half.
|
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On a like for like basis, sales rose 0.4 percent including 4.4 percent in the third quarter.
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Like-for-like sales were down 1% in the UK and Ireland, and down 3.2% in Poland.
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|
But now, because we've been in this for almost two years now, we're beginning to like for like sales of those restaurants that are, you know, 13 months and older, we're beginning to see us grow the like for like, as well as expand the footprint, as well.
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Halfords, which issued a profit warning in May, said group like-for-like sales rose 2.8 percent in the 20 weeks to August 17, with retail like-for-like sales up 2.6 percent and sales at its vehicle maintenance Autocentres chain up 4.0 percent on the same basis.
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In the fragrance unit — which makes fragrances for perfumes, washing powder and toothpaste — sales rose 12 percent on a like-for-like basis from October through December, while its business with flavours for foods and drinks recorded a 7.2 percent increase in like-for-like sales, Givaudan said.
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Like-for-like sales in Britain and Ireland rose 13 percent but they fell 4.1 percent in France.
|
|
In the key post Christmas period like-for-like sales in the core flooring category slumped 7.1 percent.
|
|
Essilor also confirmed its 2018 financial targets, namely for like-for-like revenue growth of around 4 percent.
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"The fall in like-for-like sales growth is coming from both grocery and general merchandise," they said.
|
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Its like-for-like net retail sales were down 1.8 percent in the first nine months of 2017.
|
|
It is hard to make like-for-like comparisons of the efficacy of different charities with different goals.
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Like-for-like sales at the group's resort theme parks division, which includes Alton Towers, fell 12.4 percent.
|
|
Sainsbury's said like-for-like sales, excluding fuel, increased 0.6 percent, while cost savings were 121 million pounds.
|
|
Halfords said its like-for-like retail sales rose 22 percent in the 2366.2 weeks to April 718.
|
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That marked a like-for-like rise of 15.4%, excluding the impacts of currency rates, acquisitions and divestments.
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|
In this game of like-for-like brutality, it is the civilians who are caught in the middle.
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We've had tariffs on $50 billion of Chinese imports and an immediate like-for-like response from China.
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|
Inditex estimated total like-for-like sales growth of between 4 to 6 percent for this financial year.
|
|
L'Oreal's Agon said on Thursday he was confident of significant growth in like-for-like sales in 2018.
|
|
The sales were down 1.6 percent on a like-for-like basis but up 1.7 percent as reported.
|
|
Total Costa Coffee sales grew 15.9 percent with a 2.9 percent increase in UK like-for-like sales.
|
|
J D wetherspoon's like-for-like sales rose 5.3%, which Stifel analysts called well ahead of the sector.
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DFS said revenues had fallen around 4 percent like-for-like over the 49 weeks to July 7.
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But they will have to adopt the requirements internally from next year to make like-for-like comparisons.
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UK like-for-like sales increased 0.7 percent in its fourth quarter, a fifth straight quarter of growth.
|
|
In the United States, Primark delivered "encouraging" like-for-like and strong total sales growth, the group said.
|
|
The group said company-managed shop like-for-like sales rose 7.5% in the nine weeks to Feb.
|
|
Tesco on Thursday said like-for-like UK sales rose 2.2 percent in the six weeks to Jan.
|
|
Like-for-like earnings at its building products and Europe Materials divisions rose by 2% and 5%, respectively.
|
|
Morrisons said its like-for-like sales, excluding fuel, rose 3.6 percent in the nine weeks to Jan.
|
|
Quarterly like-for-like U.S. revenue growth rose to 8.5 percent from 6.7 percent in the prior quarter.
|
|
The power grids unit reported a 17 percent drop in like-for-like orders in the first quarter.
|
|
Like-for-like earnings at its building products and Europe Materials divisions rose by 3% and 6%, respectively.
|
|
Meanwhile, like-for-like sales fell 8.0 percent at Castorama but were up 13 percent at Brico Depot.
|
|
High street sales were down 1% and like-for-like sales were also down 1% in the period.
|
|
In fact, Heineken reported on Wednesday that they rose by 0.6 percent on a like-for-like basis.
|
|
Net sales increased 5.8 percent on a like-for-like basis to 7.36 billion francs, slightly ahead of expectations.
|
|
On a like-for-like basis, revenues were up 1.9 percent, coming behind market expectations of 2.3 percent growth.
|
|
Like-for-like sales fell 20.7687 percent in the second quarter, as the company had warned earlier this month.
|
|
Closely watched like-for-like sales growth of 3.2 percent reversed a 3.2 percent drop in the second quarter.
|
|
Borgel said like-for-like figures showed a 21 percent increase in turnout, but did not give more details.
|
|
Like-for-like revenue grew 6.6 percent, ahead of the 3.2 percent comparable growth reported in the first half.
|
|
L'Oreal said total fourth-quarter revenue rose 11.4% to 13 billion euros ($8.67 billion), up 9.6% like-for-like.
|
|
Sainsbury's fourth quarter to March 9 like-for-like sales fell 0.9%, having fallen 1.1% over the Christmas period.
|
|
Like-for-like net rental income for UK flagship destinations fell 6.8%, or down 0.1% at a group level.
|
|
Thermal systems sales rose 15 percent on a like-for-like basis, while the powertrain division gained 11 percent.
|
|
Like-for-like sales in directly-operated stores, however, rose 3.4% helped by a 25% rise in online sales.
|
|
In the U.S. Primark continued to deliver encouraging like-for-like and strong total sales growth, the group said.
|
|
The company said its like-for-like revenue rose 3 percent, driven mainly by an increase in containerised revenue.
|
|
Overall group like-for-like sales fell 4.0 percent, with 3.0 percent of that decline attributed to the weather.
|
|
It's natural to compare the Surface Go to Apple's iPad, but the two are not like-for-like competitors.
|
|
In November Asda reported a like-for-like sales decline of 13 percent for the third quarter to Sept.
|
|
PA), said revenue reached 3.379 billion euros ($4.1 billion), a 4.3 percent rise on a like-for-like basis.
|
|
This beat a company-compiled average of analyst estimates of 3.2 percent like-for-like growth in group sales.
|
|
Asda said like-for-like sales rose 1.8 percent, excluding petrol, in its fiscal second quarter to June 30.
|
|
However, in the recent six weeks to March 11, like-for-like sales growth cooled down to 3.8 percent.
|
|
He estimated volume like-for-like growth of 2.5 percent, which he said implied a slowdown from last year.
|
|
Although discounters are still winning market share, Potts has delivered nine straight quarters of like-for-like sales growth.
|
|
That beat forecasts of 8.2 percent like-for-like in a poll of analysts by Infront Data for Reuters.
|
|
Like-for-like sales of 329.8 million euros ($378 million) were up 20193 percent for the quarter to Sept.
|
|
Clothing and home like-for-like sales are forecast to be down 1.1 percent, with food down 0.2 percent.
|
|
Revenues grew on a double-digit basis in China on a like-for-like basis, despite the price hikes.
|
|
The group said the UK had seen "solid" like-for-like sales growth in the third quarter so far.
|
|
There was a "consistently positive like-for-like performance across Black Friday and the Christmas period," the company said.
|
|
Trading over Christmas built on like-for-like sales growth of 1.8 percent for the 13 weeks to Nov.
|
|
Like-for-like transactions were up 20.7509 percent in the first quarter, with sales volume growth up 3.3 percent.
|
|
Like-for-like store sales at its core sports fashion business rose by over 10 percent in the period.
|
|
Other supporting factors include moderate like-for-like sales growth and growing operating leverage on BUT's new distribution centre.
|
|
It said like-for-like sales had risen close to 20 percent in mainland China, adjusted for currency effects.
|
|
However, it meant the division has enjoyed just one quarter of like-for-like sales growth in 21 quarters.
|
|
In its mining business alone, Sandvik said order intake was down 8 percent on a like-for-like basis.
|
|
Danone reported third-quarter sales of 13 billion euros ($6.2 billion), with like-for-like growth of 2.1 percent.
|
|
Greggs said like-for-like sales at company-managed shops increased 9.6 percent in the seven weeks to Feb.
|
|
Remy Cointreau group sales fell an already reported 3.6% in the first half on a like-for-like basis.
|
|
The company's like-for-like sales in the fiscal year to date, which is the 25 weeks ended Jan.
|
|
That is a marked slowdown from like-for-like sales growth of 20.8044 percent in the previous three months.
|
|
Rank also reported a 2 percent fall in like-for-like revenue for the 13 weeks to April 1.
|
|
B&Q's like-for-like sales slumped 9 percent, while growth at the Screwfix chain slipped to 3.6 percent.
|
|
It also beat a company-compiled median forecast from 22 analyst estimates of 3.9 percent like-for-like sales growth.
|
|
For 2017, net sales were down 0.9 percent on a like-for-like basis, against a forecast of flat growth.
|
|
However, like-for-like food sales fell 0.1 percent, worse than analysts' average forecast of a rise of 0.6 percent.
|
|
When Tesco updated on Christmas trading in January it reported its first like-for-like sales growth for four years.
|
|
The group said that like-for-like sales, excluding fuel, rose 20213 percent in the 22021 weeks to May 21.
|
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"We believe Inditex has been lowering prices and this is booting like-for-like sales growth at Inditex," she said.
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Total revenue fell 2.2 percent to 691 million pounds, with like-for like revenue from its venues down 3.9 percent.
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The group said like-for-like sales in Britain, where it has 429 stores, fell 2.9 percent in the period.
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Danone also said it targeted overall like-for-like sales growth of between 4 percent and 5 percent in 2020.
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Travis Perkins' total group sales rose 3.4 percent in the third quarter, with like-for-like sales up 2.0 percent.
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Although John Lewis did well, with an increase of 3.1% in like-for-like sales, others were not so lucky.
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Revenue rose 9 percent on a like-for-like basis to 4.81 billion euros, beating the 4.66 billion euros forecast.
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It expects like for like growth to be high single digits in Turkey and low to mid teens in Russia.
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Like-for-like sales were unchanged year on year, an improvement from a 4 percent fall in the second quarter.
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LVMH's fashion and leather goods division posted revenues of 15.5 billion euros in 2017, up 13 percent like-for-like.
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Danone is targeting group like-for-like sales growth of around 3% and an operating margin above 15% for 2019.
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Total sales rose 14.7% to 546 million pounds, while like-for-like sales at company-managed shops were up 10.5%.
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In the UK & Ireland its mobile phone like-for-like revenue fell 4%, while its electricals revenue was up 1%.
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Analysts are also forecasting a 1.83 percent drop in like-for-like food sales - a fourth straight quarter of decline.
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Like-for-like sales in the year to date, including the Easter period, are up 1.9 percent, the company said.
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Year-to-date revenue at the group's indoor attractions fell 0.4 percent on a like-for-like basis, it said.
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BDO said non-store like-for-like sales grew by 18.3 percent in April as shoppers continued to gravitate online.
|
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Revenue rose 3.3 percent to 436 million pounds in fiscal 2019, while total like-for-like sales fell 0.1 percent.
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Looking at a like-for-like comparison of contributors to this and March's poll showed the same change in views.
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The rise in like-for-like sales confounded market expectations of another fall as retailers battled for customers over Christmas.
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The group said on Wednesday like-for-like sales, excluding fuel, fell 1.1 percent in the 15 weeks to Jan.
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Execution Risk in Operational Turnaround: Management's ability to generate like-for-like sales growth in a declining market remains uncertain.
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Revenue that was flat on a like-for-like basis at 3.78 billion euros was broadly in line with expectations.
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Like-for-like sales rose 3.8 percent in the fourth quarter, while home delivery sales rose 32.1 percent, Dunelm said.
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The group said like-for-like sales in its plumbing and heating business fell 4.0 percent, reflecting Britain's mild winter.
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But a like-for-like comparison of the combined business showed a 13% sales decline, also adjusted for currency swings.
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That would mean Next's input costs would rise by about 5 percent on like-for-like products from 2017/18.
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Second-quarter clothing and homeware like-for-like sales fell 0.1 percent, having fallen 1.2 percent in the first quarter.
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Like-for-like sales growth at its Costa Coffee business slowed to 2 percent in the 13 weeks to Sept.
|
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The group said it continued to win market share in Britain, despite a like-for-like sales decline of 1%.
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The group said on Thursday Tesco UK like-for-like sales rose 0.4% in the 13 weeks to May 25.
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The company said trading for the first six weeks of 2020 was encouraging with like-for-like sales up 5.3%.
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However, UK like-for-like sales fell 0.3% over the full half year, having increased 0.4% in the first quarter.
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But on a like-for-like basis, sales were down 12% in the fourth quarter, XXL said in a statement.
|
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Total group like-for-like sales, excluding fuel and VAT sales tax, fell 1.7% in the 22 weeks to Jan.
|
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L, said its second-quarter like-for-like sales rose 1.3 percent helped by strength in catering and retail supply.
|
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Like-for-like sales were down 1.8%, with growth in Screwfix, Poland and Romania offset by B&Q and France.
|
|
However, like-for-like sales grew 1.8 percent in the period, compared with a 0.8 percent drop the previous year.
|
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However, UK like-for-like sales in the first eight weeks of the new financial year were ahead by 8.5%.
|
|
If they did, "replacement" for me implies a like-for-like substitution, which certainly does not help the new devices.
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Like-for-like sales at general retailer Argos, which Sainsbury's bought from Home Retail group last year, ticked up 4 percent.
|
|
The quarterly performance beat the company-compiled average of analyst estimates of 3.2 percent like-for-like growth in group sales.
|
|
Russia announced its own retaliation, removing 150 Western diplomats from the country on March 29 — effectively a like-for-like response.
|
|
Supermarkets outside South Africa reported a fall in sales of 0.4 percent, with a like-for-like decline of 6.4 percent.
|
|
To be clear Fairphone is not offering upgradable hardware modules to boost phone performance over time but like for like replacements.
|
|
Growth accelerated to 2.7 percent on a like-for-like basis, up from 1.9 percent in the fourth quarter of 2018.
|
|
Growth accelerated to 2.7 percent on a like-for-like basis, up from 13 percent in the fourth quarter of 2018.
|
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Like-for-like revenue from mainland Europe, which accounts for a lion's share of the total, fell 0.7 percent in 2018.
|
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Danone achieved like-for-like sales growth of 2.9 percent and an operating margin of 13.77 percent of sales last year.
|
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Wolfson said that even if retail like-for-like sales were falling by 10 percent, the stores would remain an asset.
|
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Tesco, the biggest supermarket, also performed creditably, reporting that its like-for-like sales rose by 1.9% during the Christmas period.
|
|
Like-for-like sales were up 49.4 percent in the third quarter, accelerating from growth of 39.3 percent three months earlier.
|
|
Issue volume in Latin America, which represents 49 percent of the total, grew 12.4 percent on a like-for-like basis.
|
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However, this year's later Easter hit like-for-like revenue in clothing and home by about 84.63% and food by 284.6%.
|
|
The CEO's departure comes days after the company reported that like-for-like sales had declined for a seventh consecutive quarter.
|
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Food like-for-like sales increased 3.5 percent, reflecting 14 consecutive quarters of growth, while funeralcare revenues were up 1.2 percent.
|
|
The company is targeting group like-for-like sales growth of around 3% and an operating margin above 15% for 2019.
|
|
Like-for-like sales in the UK and Ireland rose 6 percent versus analysts' consensus forecast of growth of 3.5 percent.
|
|
Analysts forecast like-for-like sales up 1.7-2.4 percent for the quarter and 2.4-3.2 percent for the Christmas period.
|
|
Revenue at the pest control divison rose by 5.6 percent on a like-for-like basis and 17.8 percent including acquisitions.
|
|
Rivals Greene King Plc and Marston's Plc have reported a slowdown in like-for-like sales in their latest trading updates.
|
|
Beyond cost-cutting measures, as fruitful as they may be, like-for-like growth is a key element to sustainable profitability.
|
|
"Overall, as we said, the core businesses will have negative like for like and that's the underlying food business," O'Byrne explained.
|
|
Analysts had expected like-for-like sales at Argos to rise by 0.3 percent in the 18 weeks to 2 Jan.
|
|
For 214.45, Danone is targeting like-for-like sales growth of around 214.64 percent and an operating margin above 210 percent.
|
|
Danone is targeting like-for-like sales growth of 4-5 percent by 2020 and an operating margin above 16 percent.
|
|
For 214.64, Danone is targeting like-for-like sales growth of around 210 percent and an operating margin above 303 percent.
|
|
Net sales were down 0.1 percent like-for like, it said Monday, but this beat estimates of a 1 percent drop.
|
|
The group said on Thursday clothing and homeware like-for-like sales fell 2.8 percent in the 13 weeks to Dec.
|
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"For 2018 as a whole, we confirm our objective of a further like-for-like increase in operating income," he added.
|
|
It was the first like-for-like decline since AB InBev was formed through InBev's acquisition of Anheuser-Busch in 2008.
|
|
Demand for L'Oreal's luxury cosmetics was especially strong in Asia, with sales up 12.2 percent on a like-for-like basis.
|
|
In the same period its operating profit rose by 1.9 percent on a like-for-like basis to 189 million pounds.
|
|
The company had then reported a 3.43 percent growth in like-for-like sales for the 23.4 weeks to Oct. 21.
|
|
Under the new standard, revenue came to 4.881 billion euros, almost unchanged year-on-year on a like-for-like basis.
|
|
Shares of Sky popped 1.42 percent after posting a like-for-like revenue rise of 5 percent in the current year.
|
|
The company added in a statement that like-for-like sales improved in September and the trend was continuing this month.
|
|
Reckitt's fourth-quarter revenue was 2.76 billion pounds, up 1 percent on a like-for-like basis, it said on Friday.
|
|
For 2018, the company forecast revenue up 13 to 14 percent, with like-for-like sales up 2 to 3 percent.
|
|
Baby food sales rose 1.7 percent on a like-for-like basis, sharply lower than the previous quarter's 7.2 percent growth.
|
|
It added a record 2,934 stores last year, its most ever, and achieved 13 percent growth in like-for-like sales.
|
|
Like-for-like sales growth was 4.9 percent in the full year and 9.4 percent in the final quarter, Givaudan said.
|
|
In the half year to end June, SIG's group like-for-like sales fell 3.8%, with UK and Ireland down 12.7%.
|
|
However, when Tesco updated on Christmas trading in January it reported its first like-for-like sales growth for four years.
|
|
Like-for-like sales in the six weeks ended March 8 rose 3.2%, the company said in a brief trading update.
|
|
For the first six weeks of its 2020-21 year, retail like-for-like sales were up 5.0% year-on-year.
|
|
Like-for-like sales for the maker of Lysol disinfectant and Mucinex cough syrup were up 0.8% in year ending December.
|
|
Analysts had expected like-for-like sales to grow closer to 10.9%, according a consensus forecast cited by Bank of America.
|
|
Danone is now targeting 2019 group like-for-like sales growth of 2.5%-13% against a previous forecast of around 3%.
|
|
While like-for-like sales dipped slightly last year, it still came far closer to reaching its long-elusive margin target.
|
|
Last month Sainsbury's reported its retail like-for-like sales growth had slowed to 0.2 percent in its fiscal first quarter.
|
|
Bradford, northern England-based Morrisons said like-for-like sales, excluding fuel, rose 123 percent in the 212 weeks to Jan.
|
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The company said like-for-like sales in the final three months of 2017 had increased sharply from the previous quarter.
|
|
L), reported like-for-like sales up 215 percent to 212 billion euros ($22018 billion) for the three months to Sept.
|
|
Life annual premium equivalent fell a reported 6 percent to $1.18 billion, up 2 percent on a like-for-like basis.
|
|
L'Oréal's like-for-like revenues rose by 4.7% in 2016, whereas the Body Shop's increased by just 0.6% (to €921m, or $975m).
|
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Sainsbury's said its like-for-like sales, excluding fuel, fell 1.6% in the 20183 weeks to June 29, its fiscal first quarter.
|
|
It also set a target of 5 percent like-for-like sales growth, against a previous target of 8 percent total growth.
|
|
Trading in the rest of Europe division had also improved, led by a recovery in like-for-like sales in the Netherlands.
|
|
Tesco said UK like-for-like sales rose 2.5 percent in the second quarter, having increased 2.1 percent in the first quarter.
|
|
Like-for-like sales slid 6.9 percent in the first half ended July 28, the company said in its half-yearly report.
|
|
The revenue growth reflected a 14.8% increase in stores to 2,809, along with an increase in like-for-like revenue of 3.9%.
|
|
However, its managed pubs posted a like-for-like sales growth of 6.8 percent in the period with beer sales driving sales.
|
|
Sales in this area were sluggish in the second quarter, growing 2.8% on a like-for-like basis, and missed analyst forecasts.
|
|
Analysts are on average forecasting a like-for-like sales rise of 0.9 percent - a slight pick-up from its second quarter.
|
|
Pub operator Marston's slumped 12% after reporting like-for-like sales numbers that Peel Hunt analysts called "slightly worse than we expected".
|
|
Inditex estimated total like-for-like sales would grow by 4 percent to 6 percent in the current financial year, ending Jan.
|
|
Trading in the Rest of Europe division had also improved, led by a recovery in like-for-like sales in the Netherlands.
|
|
China removed sales prices for affordable housing in its January calculations, which prevents like-for-like comparisons with growth data before 2018.
|
|
Tod's said that like-for-like sales at its 272 directly-owned stores were down 2.7 percent from January to end-September.
|
|
Like-for-like sales growth in the division weakened to 3 percent in the second quarter from 10 percent in the first.
|
|
The first-quarter decline was closer to 3 percent on a like-for-like basis that excludes exchange-rate effects, Valeo said.
|
|
Higher competition from Pizza Hut, market softness and an unsuccessful "Winter Survival" promotion campaign hurt the like-for-like sales, analysts said.
|
|
Analysts had forecast like-for-like sales across the group to rise 3.9 percent, according a compilation for Reuters by Inquiry Financial.
|
|
The group's overall like-for-like sales rose 7.2 percent and total EBITDA margin edged higher to 5.9 percent from 5.8 percent.
|
|
Sainsbury's retail like-for-like sales, excluding fuel, rose 2589 percent in the 183 weeks to June 218, its fiscal first quarter.
|
|
Guiony said Chinese shoppers were the "driving force" behind a 20 percent rise in Asian like-for-like revenues, which excludes Japan.
|
|
We believe the Company continues to drive solid growth in total ad volume with like-for-like pricing trends that remain positive.
|
|
For the full year, like-for-like revenue rose 3 percent and reported earnings climbed 6 percent to 256.5 pence per share.
|
|
SIG's UK and Ireland like-for-like sales rose 2.1 percent, higher than the 1.1 percent rise it reported a year earlier.
|
|
"The bears will seize on JD's unwillingness to give any cumulative like-for-like sales figures," said independent retail analyst Nick Bubb.
|
|
It said its total sales for 26.8 rose by 220 percent on a like-for-like basis, according to its preliminary estimate.
|
|
Autogrill said like-for-like sales were up 4.1 percent in North America, with revenue at its international division growing 6.8 percent.
|
|
UK like-for-like sales rose 13 percent in the second quarter - a slight slowdown from 2.3 percent in the first quarter.
|
|
Lenta said its like-for-like sales increased 6.1 percent as its average price rose 5.5 percent and traffic climbed 0.6 percent.
|
|
On Wednesday it reported first-half like-for-like net sales down by 0.5 percent, below a consensus of 0.7 percent growth.
|
|
The brand is pushing to regain appeal among fashionistas despite expecting like-for-like retail sales to be flat overall in 2017.
|
|
That was a touch above the 16.9 percent like-for-like growth projected in an Infront Data poll of analysts for Reuters.
|
|
Danone also reiterated its forecast for like-for-like sales growth in a range of 3 percent to 5 percent this year.
|
|
Analysts at Credit Suisse estimated Primark's third quarter like-for-like sales fell 2.8% and said the comments around margins were welcome.
|
|
Growth reached 2.1 percent on a like-for-like basis excluding fuel and calendar effects, against 0.9 percent in the previous quarter.
|
|
Like-for-like sales fell in China, although revenue still rose 73 percent in local currencies compared with the year-ago quarter.
|
|
Hurley said like-for-like sales, stripping out the impact of new space, were positive in 2018 and so far in 2019.
|
|
That made it the bloodiest period in the world's longest-running war since UNAMA began collecting like-for-like figures in 2009.
|
|
Restaurant Group reported a 2.7% rise in its annual like-for-like sales, with total sales surging 56.4% to 1.07 billion pounds.
|
|
Debt and capital issued by the holding company are currently down-streamed on a like-for-like basis to San UK plc.
|
|
The London-listed company, which employs 9,500 people working out of over 170 stores, said total like-for-like sales climbed 5%.
|
|
Danone is now aiming for 23.0 group like-for-like sales growth of 23.8%-22.5% against a previous forecast of around 230%.
|
|
On a like for like basis though, excluding new stories, sales were up 7 percent and Shekhterman said consumers were still cautious.
|
|
It also reported that first-half like-for-like net sales were down 0.5 percent, below a consensus of 0.7 percent growth.
|
|
Company-managed shop like-for-like sales rose 13% in 2019, but growth dipped to 7.5% in the nine weeks to Feb.
|
|
The brand's like-for-like revenues expanded 49 percent year on year in the quarter, speeding up from the previous three months.
|
|
L'Oreal posted a 5.6 percent rise in like-for-like sales to 6.15 billion euros ($6.82 billion) in the three months to Sept.
|
|
Trading conditions remained difficult in China amid slowing consumption, with sales falling 7.8 percent on a like-for-like basis in the country.
|
|
However, accountancy firm BDO said overall UK like-for-like sales values rose 2 percent in August after falling 0.6 percent in July.
|
|
Analysts had expected like-for-like sales across the group to rise 3.9 percent, according to forecasts compiled for Reuters by Inquiry Financial.
|
|
Last time Prada's sales rose on a like-for-like basis, excluding currency effects and a boost from new stores, was in 2014.
|
|
The maker of Strepsils and Mucinex cold medicine and Lysol cleaners said on Thursday that quarterly like-for-like sales rose 1 percent.
|
|
We do rigorous compensation analyses and when you compare like-for-like, women are paid 99.7% of what men are paid at Google.
|
|
Growth slowed to 0.5 percent on a like-for-like basis excluding fuel and calendar effects, from 2.8 percent in the previous quarter.
|
|
For 2019, Danone reiterated it was targeting like-for-like sales growth of around 3 percent and an operating margin above 15 percent.
|
|
The strongest like-for-like growth was seen in Asia with a 17 percent rise, followed by Europe, which was up 9 percent.
|
|
On a like for like basis, sales fell by 0.8 percent in the quarter and rose 3.8 percent in the first nine months.
|
|
Some uncertainties regarding future demand remain, but reported like-for-like (LfL) sales continued to increase by 212000% in the UK during FY4807123.
|
|
Autoliv grew active safety like-for-like sales by 3 percent in the first quarter, and targets $1 billion in sales by 2020.
|
|
Sainsbury's said it now expects its like-for-like sales in the second half of the year to be better than the first.
|
|
The company, renamed EssilorLuxottica, said it was keeping its 2018 targets for Essilor, namely like-for-like revenue growth of around 4 percent.
|
|
Like-for-like sales in Western Europe declined by 0.3 percent in 2018, while sales in North America were up by 2.7 percent.
|
|
We however conservatively assume close-to-zero like-for-like (LfL) sales growth over the medium term due to the competitive market environment.
|
|
Growth slowed to 0.5 percent on a like-for-like basis excluding fuel and calendar effects, from 13 percent in the previous quarter.
|
|
Clothing and homeware like-for-like sales fell 13 percent in the period, worse than analysts' average forecast of a 3.3 percent decline.
|
|
While 2015 delivered a "strong" start for Merlin's theme parks division, like-for-like sales fell 12.4 percent, following the roller coaster crash.
|
|
Morrisons said group like-for-like sales, excluding fuel, rose 3.6 percent in the 13 weeks to May 6, its fiscal first quarter.
|
|
The company said it still expects 2018 revenue up 13 to 14 percent, with like-for-like sales up 2 to 3 percent.
|
|
Baby products seller Mothercare slumped 7 percent after it flagged challenging market conditions and reported a fall in UK like-for-like sales.
|
|
Brokerage Peel Hunt had forecast like-for-like sales to rise 214.5 percent, while N+21 Singer had estimated a 211 percent increase.
|
|
First-half earnings before interest, depreciation and amortisation (EBITDA) rose 5.1% on a like-for-like basis to 375 million euros ($173 million).
|
|
Pombukhchan said the management was working hard to deliver on its promise to reverse declines in like-for-like sales by year end.
|
|
Stifel analysts said they forecast full-year like-for-like sales growth of 4.5% and pretax profit of 89 million pounds ($113.88 million).
|
|
The test assumes an extreme scenario of like-for-like store sales declining at 10 percent a year for the next 15 years.
|
|
However, Fitch forecasts conservative like-for-like sales growth for BUT over the next four years, at a maximum of 337191% per annum.
|
|
Like-for-like sales in Britain and Ireland were up 28 percent, with B&Q up 21 percent and Screwfix up 20.7657 percent.
|
|
Intu forecast like-for-like net rental income down moderately in 2020, after a 7.7% fall in the six months ended June 30.
|
|
In the first six weeks of its second half, like-for-like sales increased 3.7 percent and total sales were up 5.7 percent.
|
|
In the second quarter, Reckitt's like-for-like sales rose 4 percent, below analysts' average estimate of 4.9 percent, according to Liberum analysts.
|
|
The company said it would cut about 212.5,43 jobs on a like-for-like basis in 24 and save about 20955 million pounds.
|
|
Food retail like-for-like sales rose 4.4 percent and the Co-op has now enjoyed 18 straight quarters of underlying sales growth.
|
|
They are forecasting a 25 percent rise in third quarter sales to 752 million pounds, with like-for-like sales up 2 percent.
|
|
The company is targeting group like-for-like sales growth of around 3 percent and an operating margin above 303 percent for 2019.
|
|
Revenue rose 52 percent to 375.7 million pounds, up 46 percent on a like-for-like basis, in 2016, it said on Tuesday.
|
|
In February group like-for-like sales were up 7.6%, or up 2.3% excluding the impact of an extra day on Feb. 29.
|
|
We would like to see some positive like-for-like sales in the markets where they have initiated these new strategies, he said.
|
|
Overall group like-for-like sales were up 4% over the eleven weeks, held back by a 15% fall in mobile phone sales.
|
|
Like-for-like sales growth in the second quarter was down 1 percent compared to a 5 percent decrease in the previous quarter.
|
|
UK like-for-like sales increased 13 percent in the first half and rose 1.4 percent in the six weeks to Dec. 9.
|
|
Group like-for-like sales growth was zero, against analyst expectations of a 1% fall and a 2% decline in the second quarter.
|
|
Hays reported a 4% drop in like-for-like net fees in the second-quarter, also blaming a stronger pound for the fall.
|
|
It posted core earnings of 685 million euros, up from 471 million and revenue rose 1.9 percent like-for-like to 4.2 billion.
|
|
It said group like-for-like sales rose 4 percent in the first half, and were up 3 percent in the second quarter.
|
|
Like-for-like sales in 2017 rose 2.5 percent to 24.677 billion euros ($30.95 billion), slightly above analysts' expectations of 2.4 percent growth.
|
|
Analysts are on average forecasting a like-for-like sales fall of 0.2 percent versus a 1.0 percent rise in the previous quarter.
|
|
On iOS Vestager said it's not a like for like comparison because Apple does not license its operating system as Google does with Android.
|
|
Danone's like-for-like sales in 2016 rose 2.9 percent to 21.94 billion euros ($23.22 billion), a slowdown from 4.4 percent growth in 2015.
|
|
Rank, the operator of Grosvenor casinos and Mecca bingo hall, said like-for-like group revenue grew 2 percent for six months ended Dec.
|
|
Ru Group will fully consolidate ESForce and will disclose all results on a pro-forma basis going forward to allow like-for-like comparison.
|
|
For the first six months of the year, like-for-like revenue fell 13 percent to 5.02 billion pounds ($6.5 billion), the company said.
|
|
In its luxury division, meanwhile, which houses brands such as Lancome and Yves Saint Laurent cosmetics, like-for-like sales were up 12.2 percent.
|
|
In the UK, Kingfisher's Screwfix chain, focused more on serving professional builders, remained the star performer with like-for-like sales up 10.2 percent.
|
|
Overall across the group, sales rose 11.4 percent to 7.6 billion euros ($8.58 billion), and were up 7.7 percent like-for-like, beating forecasts.
|
|
Like-for-like sales were up 1.4 percent in the fourth quarter, compared with the 6.2 percent growth recorded in the previous three months.
|
|
Reckitt said like-for-like sales, which strip out changes in currency exchange rates and acquisitions and disposals, rose 2 percent in the quarter.
|
|
It reported fourth-quarter sales that were flat year-on-year and down 2.9% on a like-for-like basis, narrowly beating analyst expectations.
|
|
"We're pleased with the overall half (like-for-like sales up 21 percent) ... you have to look at it in the round," he said.
|
|
Clothing and home like-for-like sales fell 2185% in M&S's fourth quarter, while food sales were down 240% on the same basis.
|
|
The owner and operator of more than 900 pubs in Britain and Ireland said like-for-like sales for the 12 weeks to Jan.
|
|
Agility Robotics approach is to use an "under-actuated" design, meaning it has fewer motors than you'd need for full, like-for-like emulation.
|
|
Klepierre reported on Wednesday full year results, with total retailer sales at Klépierre's malls up 0.9% in 2018 on a like-for-like basis.
|
|
Topps Tiles said like-for-like sales for the first eight weeks of the new financial year fell 1.9 percent, as challenging conditions persisted.
|
|
Frankie & Benny's owner Restaurant Group was the top faller, down as much as 3 percent after predicting lower full-year like-for-like sales.
|
|
But on a like-for-like basis, the company said revenue, excluding Express & Star, was expected to fall 8 percent over the same period.
|
|
Even so, its 'Seats' division resumed like-for-like growth in the first quarter driven by a recovery in sales of business-class pews.
|
|
The owner and operator of more than 103 pubs in Britain and Ireland said like-for-like sales for the 13 weeks to Oct.
|
|
Clothing and home like-for-like sales fell 2259.1% in M&S's fourth quarter, while food sales were down 2438.6% on the same basis.
|
|
Danone is targeting an operating margin above 16 percent of its sales and like-for-like sales growth of 4-5 percent by 2020.
|
|
Sainsbury's said retail like-for-like sales rose 0.6 percent, excluding fuel, in the second quarter, having risen 2.3 percent in the first quarter.
|
|
Danone is targeting an operating margin above 22019 percent of its sales and like-for-like sales growth of 21-20.8853 percent by 2020.
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Though sales growth slowed in its latest quarter, the 0.2 percent rise in like-for-like retail sales was ahead of analysts' average forecasts.
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The group is confident it will maintain a "good level" of like-for-like net rental income and reduce financial costs further, it added.
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Order intake at the maker of products for surgery, intensive-care, infection control and sterilization shrank 3 percent on a like-for-like basis.
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They were down 1 percent, however, on a like-for-like basis, which compares stores that have been trading for a year or more.
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The retailer reported a 13 percent fall in group like-for-like sales in the 15 weeks to June 17, its fiscal third quarter.
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Trading conditions however remained difficult in China amid slowing consumption, with sales falling 8.4 percent on a like-for-like basis in the country.
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Analysts at HSBC had expected non-tobacco like-for-like sales growth to come in at around 5 percent for the third quarter running.
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The group said like-for-like sales in its consumer division - the Wickes chain - fell 4.6 percent in the first quarter of the year.
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Operating EBITDA of 1.75 billion francs rose 5.9 percent but was slightly below expectations, rising by 9.2 percent on a like-for-like basis.
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"Argos delivered good total sales growth together with positive like-for-like growth, representing its strongest sales growth performance in eight quarters," said Walden.
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The Bradford, northern England, based grocer said total like-for-like sales, excluding fuel, rose percent 5.6 percent in the 13 weeks to Nov.
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Broker Bernstein said Tesco's like-for-like food numbers were "very strong", but its Christmas overall could disappoint due to tobacco and general merchandise.
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Marble II's FFO-net leverage will increase to 5.0x following the note issue, compared with HT Global's 103x on a like-for-like basis.
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Analysts, however, expect like-for-like sales to trend lower, despite recent price cuts at its New York Italian restaurant and bar Frankie & Benny's.
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Like-for-like sales increased by 4 percent, double the rate of growth expected by analysts, led by its newest ranges and leather goods.
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The company said it expected to reduce about 1,000 jobs on a like-for-like basis in 33 and save about 200 million pounds.
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Total sales rose 7.4% to 1.82 billion pounds, while like-for-like sales rose by 6.8%, with a jump in bar and food sales.
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The retailer, which launched its "fully shoppable" website 14 years ago, said like-for-like online sales in the third quarter jumped 32.1 percent.
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Like-for-like sales should turn slightly positive as well in 2017 after a 0.9 percent fall in the first half of the year.
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The British discount store chain said that a record Christmas drove a strong third quarter, helping UK like-for-like sales rise 7.2 percent.
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He said Pandora will also increase spending on marketing and aims to return to positive like-for-like sales growth in China this year.
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The London-listed company said total like-for-like sales climbed 5% in the second quarter, which covered the busiest shopping season for retailers.
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In the five weeks since the reporting period ended, like-for-like sales were down 1.4 percent at both the department stores and Waitrose.
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In earnings news, pub chain JD Wetherspoon reported a 5.3 percent increase in like-for-like sales in the second quarter of this year.
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Excluding the impact, adjusted EBITDA, on a like-for-like basis regarding exchange rates, acquisitions and disposals, fell 4 percent from a year earlier.
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Aldi said like-for-like sales, which strip out the impact of new space, were "strongly positive" during 2016 and had accelerated in 2017.
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As proved with the UFC's like-for-like deal with the USA, this is a massive leap in the progression of wrestling in Blighty.
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Remy's group sales hit 250 million euros ($276 million) in the three months to June 30, up 8 percent on a like-for-like basis.
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Overall, the wholesale business saw like-for-like sales rise 1.7 percent, helped by strong growth in the rest of eastern Europe, and in Asia.
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However, on a like-for-like basis the company said second-quarter revenue growth accelerated to 49 percent from 46 percent in the first quarter.
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Shares of Europe's largest hotelier, AccorHotels rose by over 5 percent after its like-for-like sales rose by 1.9 percent in its first quarter.
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Asda said that with an adjustment for the later Easter versus 2018, it delivered 0.5% like-for-like sales growth excluding petrol over the quarter.
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In a like-for-like basis, total gross sales at GPA, as the company is known, grew by 7.5% year-on-year, excluding calendar factors.
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Hammerson delivered good 2015 operating results with like-for-like rental income growth of 2.3%, above both its 2% target and the three previous years.
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Revenue per available room (revPAR), a key gauge of activity, rose 2.9% on a like-for-like basis, with Asia improving in the second quarter.
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Like-for-like sales fell 5.6 percent for the third quarter for its London hotels, with comparable RevPAR — a key industry metric — down 5.8 percent.
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Growth slowed to 0.4 percent on a like-for-like basis excluding fuel and calendar effects, from 1.9 percent in the fourth quarter of 2017.
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On a like-for-like basis, after stripping out the operations that will go to Apple, the top line will grow in the mid-teens.
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French Connection reported a 0.8 percent increase in like-for-like sales at its stores and said the retail market in Britain remained "particularly challenging".
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Reckitt forecast 2019 like-for-like growth of between 3 and 4 percent, compared with 3 percent in 2018 and analysts' estimate of 3.5 percent.
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Analysts at Liberum said like-for-like sales were better than expected, giving credit to Card Factory management's self-help measures around range and quality.
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However, the company once again struck a cautious note and said it expected like-for-like sale for the full year to be marginally positive.
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Overall the company, which is controlled by the Benetton family, recorded revenue of 3.53 billion euros, up 3.9 percent on a like-for-like basis.
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The firm said the decline was driven by food price deflation but highlighted like-for-like transaction growth across all channels and total volume growth.
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The British maker of Mucinex cold medicine, Dettol soaps and Durex condoms said that like-for-like sales rose 5 percent in the first quarter.
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In March, Sainsbury's reported fourth quarter like-for-like sales growth, excluding fuel, of 13 percent - its first quarter of growth in over two years.
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Sales rose to 1.13 billion Turkish lira ($211 million), helped by like-for-like growth of 9.3 percent in Turkey and 16 percent in Russia.
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Instead, AHCA cuts Medicaid, makes health care unaffordable for many people with pre-existing conditions, and raises insurance premiums for many "like-for-like" plans.
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L), posted a rise of 1.9 percent in like-for-like revenue to 20.698 billion euros ($24.38 billion) for the fiscal year ended August 31.
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Veteran entrepreneur Jeremy Allaire, co-founder of U.S.-based social payments app Circle, reckons you don't; not like for like in the domestic Chinese market.
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The quarterly performance was in line with the company-compiled average of 18 analyst estimates of 0.6 percent like-for-like growth in group sales.
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MOSCOW, Jan 18 (Reuters) - Russian consumer electronics retailer M.video said on Monday its like-for-like sales fell 12.7 percent in 2015 in annual terms.
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In 2015, HEG posted like-for-like adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) of 114 million euros on sales of 280 million.
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While like-for-like sales increased by just 0.6 percent, the group benefited from delivering 63 million pounds of synergies at Argos ahead of schedule.
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As a result, Remy's cognac sales reached 209.1 million euros in the fourth quarter, a rise of 7.9 percent on a like-for-like basis.
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In the first quarter, Reckitt's like-for-like sales rose 2 percent, below analysts' average estimate of 2.6 percent, according to a company-supplied consensus.
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A McLaren spokesman said Seidl was not a 'like for like' replacement for Boullier and the changed role was reflected in the different job title.
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Danone also said it targeted overall like-for-like sales growth of between 22020 percent and 22017 percent in 22017 against 2.9 percent in 2016.
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Like-for-like online sales grew 30.5 percent in the second quarter to 26.2 million pounds and accounted for 10.3 percent of total comparable sales.
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The company also reported 163% growth in like-for-like sales between January and June and improved its forecast for earnings per share this year.
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Non tobacco sales grew by 9.6 percent on a like-for-like basis in the 12 weeks to 16 June, the company said on Wednesday.
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The quarterly performance was above a company-compiled median forecast, based on 22 analyst estimates, of 3.9 percent like-for-like growth in group sales.
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The retailer reported also a 2225 percent rise on a like-for-like basis in its quarterly revenues which came in at 403 billion euros.
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Shares of the FTSE 250 company fell 3.2% as of 0800 GMT after the company also reported a 7% drop in like-for-like orders.
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So the reward for increasing funds under management is 10 times greater, on a like-for-like basis, than that for increasing returns for investors.
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He was rewarded on Thursday with an unexpected 6903 percent jump in the division's like-for-like sales in the 2690 weeks to Dec. 22015.
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The company reported a 4 percent growth in like-for-like sales in its fourth quarter on Monday, ahead of analyst expectations of 3.3 percent.
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For the group as a whole, sales came in at 6.8 billion euros, a like-for-like increase of 1.2 percent, driven by eastern Europe.
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Like-for-like sales in the Rest of Europe division - made up of the Netherlands, Belgium and Ireland - rose 6.3 percent in local currency terms.
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L'Oreal published on Thursday nine month sales of 19.5 billion euros with a Q3 luxury division sales up 1003 pct on like-for-like basis.
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Like-for-like sales rose 2.5 percent at the food-led outlets, the focus of Marston's growth plans, in the 16 weeks to Jan. 23.
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Like-for-like (lfl) net rental income growth was 3.9% during 1H17 with the UK portfolio, and especially London assets, generating most of the growth.
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Cautious about short-term market conditions, Whitbread said total like-for-like revenue per available room (RevPAR) in the UK fell 6% in the quarter.
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Ericksen will take the free kick, just outside the corner on the left ..... Sort of a like for like there, in that both are attackers.
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Analysts on average forecast third quarter UK food like-for-like sales up 1.1%, with clothing and home sales on the same basis down 0.8%.
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"Some had hopes for at least some like-for-like sales growth in 2018, but no," said one fund manager, who declined to be identified.
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The second largest U.K. grocer reported an increase in like-for-like sales of 1.1 percent during its third quarter, which includes the Christmas period.
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Strengthening like-for-like sales growth should result in positive operating leverage and we also expect falling foreign expansion costs as a percentage of sales.
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Sodexo posted revenues of 15.984 billion euros ($18.1 billion) in the nine months to May 31, up 0.5 percent on a like-for-like basis.
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It now expected annual, like-for-like sales to rise by between 1.5 percent and 2 percent, instead of the 2.5 percent growth previously anticipated.
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The owner of All Bar One and Toby Carvery pubs and restaurants said like-for-like sales rose 2.6% in the 14 weeks to Jan.
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Analysts on average forecast third quarter UK food like-for-like sales up 1.1%, with clothing and home sales on the same basis down 0.8%.
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But having posted a second consecutive quarter of positive like-for-like sales it is on course for profit growth in its 2016-17 year.
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The company posted a 5.5 percent rise for like-for-like sales during the fourth quarter, sending shares around 1 percent higher on Friday afternoon.
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The owner and operator of more than 500 restaurants and pubs in the UK said like-for-like sales for the 52 weeks ended Dec.
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Greeting card retailer Card Factory climbed 3.7% after it posted higher first-quarter sales and guided to marginally positive like-for-like sales for the year.
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The company, which supplies insulation and roofing products, said on Tuesday group like-for-like sales rose 2.8 percent in the six months ended June 30.
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The company, which has been boosting investments in its meat processing business, said like-for-like revenue rose 18 percent in the six months ended Sept.
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Weston said Primark's like-for-like sales were positive in the first seven weeks of the new financial year, bucking the trend of the wider market.
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Net sales were up 6.5 percent at 286 billion roubles while like-for-like sales declined 2.5 percent year-on-year, Magnit said in a statement.
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Like-for-like sales, excluding fuel and VAT sales tax, were up 20173 percent over the second quarter, having increased 3.4 percent in the first quarter.
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J D Wetherspoon Plc * for first 22015 weeks of q6.1 (to 226 january 22015), like-for-like sales increased by 2601.1% and total sales by 6.3%.
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Third quarter sales rose 1.8 percent to 13 billion euros ($1.69 billion)like-for-like, a slight deceleration from 2 percent growth in the second quarter.
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U.K. supermarket chain Morrisons saw shares jump 2.4 percent after it said like-for-like sales in the 13 weeks to May 9.83 rose 0.7 percent.
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In the fourth quarter alone, demand during the Chinese New Year festivities in February lifted cognac sales by 18.3 percent on a like-for-like basis.
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Like-for-like revenue growth, which strips out the effect of currency swings and acquisitions or disposals, was 6.8 percent, well above expectations of 5.6 percent.
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Fourth quarter like-for-like sales in the Nordics rose 2 percent, while Southern Europe saw revenue rise 5 percent, with Greece proving a bright spot.
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SALES FALL GETTING WORSE Sainsbury's said its like-for-like sales, excluding fuel, fell 1.6% in the 16 weeks to June 29, its fiscal first quarter.
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WH Smith, which has over 1300 stores, primarily in the UK, said like-for-like sales were up 2 percent in the 20 weeks to Jan.
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Nevertheless, Danone reiterated it expected double-digit earnings per share (EPS) growth at constant exchange rates for 2017 with a "moderate" like-for-like sales growth.
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It confirmed its goal of increasing net sales by 3 to 5% on a like-for-like basis and improving recurring EBITDA by at least 5%.
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Kingfisher said in France, where it trades as Castorama and Brico Depot, like-for-like sales were down 3.9 percent, broadly in line with analysts' expectations.
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Although it contributes about 60 percent of M&S's profit the division has enjoyed just one quarter of like-for-like sales growth in 20 quarters.
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DE said like-for-like sales increased by 3.4% in its fiscal third quarter, with growth driven by all regions except for its troubled Russian division.
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The company also said trading in the first two months of the new financial year had started positively, with an "encouraging" like-for-like sales performance.
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Germany's Metro, Europe's fourth-largest retailer, reported what it called "very good Christmas business in Germany" with like-for-like sales having increased by 2.1 percent.
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Its supermarkets recorded both like-for-like transaction and volume growth as customers responded to lower regular prices, better product quality and availability and improved service.
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Fourth-quarter core profit (EBITDA) rose by 10.0 percent to $6.17 billion, above the 7 percent like-for-like increase forecast in a company-compiled poll.
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L'Oreal on Tuesday announced revenues rose 11.4 percent to 7.6 billion euros ($1003 billion), up 7.7 percent on a like-for-like basis year on year.
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In furniture, appliances and electronics, Pepkor said customer spending focused more on essentials than durables, resulting in a decline of like-for-like sales of 1.6%.
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And German retailer Metro reported first quarter like-for-like sales were up 0.1 percent and reaffirmed its full-year guidance, sending shares over 3 percent.
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Revenue, profits and like-for-like sales all fell in the first six months of the year compared with the same period of the previous year.
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Like-for-like sales rose 9.6 percent in the six weeks to March 10, helped by good weather this year compared with freezing weather last year.
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Third quarter sales rose 1.8 percent to 1.538 billion euros ($1.69 billion)like-for-like, a slight deceleration from 2 percent growth in the second quarter.
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Waitrose's gross sales, excluding fuel, were 859.8 million pounds, up 1.2 percent compared with last year and down 1.4 percent on a like-for-like basis.
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Eiffage's consolidated sales rose 6.3 percent like-for-like to 13 billion euros, thanks to an upbeat fourth quarter in both its contracting and concessions businesses.
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Accountancy and business advisory firm BDO said its monthly High Street Sales Tracker (HSST) showed a 2.3 percent fall in like-for-like sales in December.
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Overall, like-for-like sales were flat in the second quarter, missing the 1.9% growth analysts on average had expected, according to a company supplied consensus.
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Mediaset said advertising sales in Italy had improved on a like-for-like basis in July, adding it expected further growth of 4-5% in August.
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In the second quarter, sales fell by a like-for-like 20% to 22 billion euros ($22 billion), the weakest since the third quarter of 23.
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Like-for-like sales, excluding fuel and VAT sales tax, were up 2.6 percent over the second quarter, having increased 3.4 percent in the first quarter.
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Though Sainsbury's saw sales growth slow in its latest quarter, the 0.2 percent rise in retail like-for-like sales was ahead of analysts' average forecasts.
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Tesco, which in January agreed to buy wholesaler Booker for 3.7 billion pounds, said UK like-for-like sales rose 2.1 percent in the second quarter.
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Like-for-like sales in its home market were up 2.2 percent for the year, with the key figure up 2.3 percent in the fourth quarter.
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Over the second quarter, U.S. like-for-like revenue growth accelerated to 6.7 percent year-on-year, the strongest percentage growth of all of Wolseley's regions.
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The firm said on Wednesday retail like-for-like sales, excluding fuel, rose 0.2 percent in the 16 weeks to June 30, its fiscal first quarter.
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Third-quarter sales reached 6.454 billion euros ($7.60 billion), with like-for-like sales growth of 4.7 percent compared to 0.2 percent in the second quarter.
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"We didn't expect such high level of sales growth to persist, but it has," Peel Hunt analysts said, calling the like-for-like growth highly impressive.
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That has driven a 21% year-on-year increase in retail like-for-like sales in the first six weeks of Morrisons' 20.8322-21 financial year.
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Morrisons said that for the second half, it was planning both for retail like-for-like sales to improve and for various additional cost saving opportunities.
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In a bright spot, Zara fashion chain owner Inditex rose about 1% after it forecast full-year like-for-like sales growth of 4% to 6%.
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It had previously flagged sales would accelerate in the second quarter, after declining by 3% on a like-for-like basis in the previous three months.
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Third-quarter group revenue increased to 1,816 million euros ($2.02 billion), up by 1.7% on a like-for-like basis and 3.7% on a reported basis.
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But according to CNN's source, who asked not to be named due to the project's sensitivity, the design itself could not be copied like for like.
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Analysts had expected sales across the group to rise by a more muted 8.5 percent on a like-for-like basis, which strips out currency fluctuations.
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If the proposed notes issue proceeds, Marble II's FFO net leverage will increase to 5.0x, compared with HT Global's 103x on a like-for-like basis.
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The company reiterated it would need like-for-like sales growth of about 3 to 4 percent to maintain profits at the same level next year.
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Like-for-like sales grew 4 percent while total sales grew 4.1 percent to 1.66 billion pounds ($2.22 billion), slowing from 5.4 percent growth the previous year.
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The group, Britain's most famous stores group, said on Thursday its clothing and homewares like-for-like sales fell 2.4 percent in the 13 weeks to Dec.
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Quarterly revenue grew 6.7 percent on a like-for-like basis, while widely watched civil aftermarket revenue rose 8.6 percent in dollar terms, the aerospace group said.
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So while the group has managed to deliver improving like-for-like growth in its stores this quarter, this was achieved against a pretty unchallenging comparative period.
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That in turn would put Danone on track for its 2020 goals of an operating margin above 13% and like-for-like sales growth of 4-5%.
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North American like-for-like revenues, which strip out currency swings and acquisitions, fell 1.1% in the April to June period, the group reported on Tuesday evening.
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That in turn would put Danone on track for its 2020 goals of an operating margin above 16% and like-for-like sales growth of 4-5%.
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The in vitro diagnostics company forecast 2016 organic sales growth of 6-8 percent after 2015 sales rose 7.1 percent like-for-like to 1.965 billion euros.
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Then, like-for-like sales, excluding fuel, fell 2.9 percent in the 19 weeks to January 3, and dipped 0.3 percent for the six-week Christmas period.
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French food services and facilities management firm, Sodexo, posted first-quarter 2015/2016 revenue growth of 5.63 percent like-for-like and confirmed its full-year targets.
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Total income, on a like-for-like basis, rose 9 percent, excluding a 9 million pounds year-to-date accounting change impact in its capital markets unit.
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The firm, which trades from 416 UK stores, said like-for-like sales in its home market fell 3.6 percent in the 11 weeks to Jan. 13.
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Given its SDK is free, and developers aren't paying for advertising directly (just trading like-for-like ad installs), that begs the question what's Tapdaq's business model?
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Giving an indication on current trading, the group said that like-for-like group RevPAR was up by 0.7 percent for the three weeks ended Oct. 21.
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UK like-for-like sales were up 2.5 percent in the first half, but high expenses at the business resulted in a 9.6 million pound adjusted loss.
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Mitchells & Butlers, which has been focusing on its food offerings, said like-for-like food sales grew by 2.8 percent during the 7 weeks to Jan. 7.
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The owner and operator of more than 900 pubs in Britain and Ireland said like-for-like sales rose 6.1 percent in the 26 weeks to Jan.
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Mobile service revenue grew 1.1 percent year-on-year on a like-for-like basis due to higher subscription revenue and out-of-bundle revenue, it said.
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AB Foods said Primark's 2016-17 overall sales would be 13 percent ahead of last year at constant currency, with like-for-like sales up 1 percent.
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In May M&S reported a third straight drop in annual profit in the 2018-19 year, with clothing and home like-for-like sales down 1.6%.
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First quarter sales reached 241.5 million euros ($281.7 million), representing like-for-like growth of 5.9 percent from last year - above analysts' expectations for 5.3 percent growth.
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"Argos delivered good total sales growth together with positive like-for-like growth, representing its strongest sales growth performance in eight quarters," said Chief Executive John Walden.
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BDO's High Street Sales Tracker showed like-for-like retail sales fell 3.6 percent year-on-year last month, the worst June in more than a decade.
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Potts said Morrisons' supermarkets, stripping out online sales, saw a rise in like-for-like sales in the second quarter for the first time since 2011-12.
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"Our like-for-like performance has impacted profitability, as have the ongoing cost headwinds of foreign exchange and national living wage," said Chief Executive Officer Karen Hubbard.
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The company, which serves 1.3 million customers, said tobacco sales were down 7.7 percent on a like-for-like basis for the twelve weeks ended June 17.
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Order intake was 8.3 billion crowns, below expectations of 8.7 billion, and it posted a like-for-like increase of 1.2 percent over the year-ago number.
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The company, which operates restaurants and bars in airports and railway stations, also affirmed its full-year expectations of a 2% rise in like-for-like sales.
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Sodexo reported a 1.6 percent rise in like-for-like revenue of 13 billion euros ($23.33 billion), a slowdown from 1.9 percent growth achieved the previous year.
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Retail sales declined by an annual 1.0 percent on a like-for-like basis, which strips out changes in store size, the British Retail Consortium (BRC) said.
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He said Argos Digital stores located in Sainsbury supermarkets open for more than a year were delivering like-for-like sales growth of 20 to 30 percent.
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Asda, the UK's third largest grocer after Sainsbury's and market leader Tesco, said like-for-like sales, excluding fuel, rose 3.4 percent in its fiscal first quarter.
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The company, which also offers veterinary care and grooming services for pets, said like-for-like sales rose 2.2 percent in the 12 weeks ended Dec. 31.
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Organic sales at the automotive business, Melrose's biggest, dropped by 7% in the first half, while margins dipped 13 percentage points on a like-for-like basis.
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Organic sales at the automotive business, Melrose's biggest, dropped by 7% in the first half, while margins dipped 13 percentage points on a like-for-like basis.
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It achieved like-for-like sales growth of 5% across the Finish Line branded stores and website, which Shore Capital analysts said bodes well for the future.
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It achieved like-for-like sales growth of 5% across the Finish Line branded stores and website, which Shore Capital analysts said bodes well for the future.
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The company reported flat like-for-like retail revenue in the UK for the first quarter ended March 1.93, but online net gaming revenue rose 17 percent.
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Stripping out the effects of acquisitions and currency fluctuations, the like-for-like sales gain was 9 percent, six percentage points ahead of global auto market growth.
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Retail sales values on a like-for-like basis, which strips out changes in floorspace, rose 1.4 percent in March after a 0.6 percent rise in February.
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To be sure, when adjusted to compare like-for-like employees, the bank said its female staff were paid 99% of what their male counterparts were paid.
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In South Africa, where it has more than 1.600 stores, Pick n Pay delivered comparable sales growth of 6.5%, with like-for-like turnover growth of 3.5%.
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VINCI SA: French construction and transport group Vinci reported on Friday a like-for-like passenger traffic across its airports network up 2.1% in the fourth quarter.
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Mothercare said its UK like-for-like sales fell 11.1 percent which it blamed on wider market uncertainty and negative brand coverage in connection with its refinancing.
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Order intake was 6.92 billion crowns, below expectations of 7.22 billion, and it posted a like-for-like decrease of 2.0 percent over the year-ago number.
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Asda, the UK's third largest grocer after market leader Tesco and No. 2 Sainsbury's, said like-for-like sales rose 1.8 percent in its fiscal second quarter.
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Sainsbury's said retail like-for-like sales rose 0.6 percent, excluding fuel, in the second quarter - a slowdown from growth of 2.3 percent in the first quarter.
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Analysts are also forecasting a 2.5 percent drop in like-for-like food sales, partly reflecting management's moves to make the business more competitive by cutting prices.
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It said total sales came in at 1.66 billion euros ($1.8 bln) last year, up 3 percent on a like-for-like basis and excluding forex swings.
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The like-for-like sales growth compares with its next biggest rival H&M's reported 10 percent year-on-year increase in local-currency sales in October.
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The company said it had continued to achieve "encouraging" like-for-like sales growth in its core sports fashion both in the UK and other global markets.
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Boeing also looked set to beat Airbus for aircraft orders on a like-for-like basis in 2018 after booking 893 net orders, excluding cancellations in the year.
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Stripping out fuel and calendar effects, like-for-like revenue grew 3.2 percent year-on-year, an acceleration from the 2.7 percent growth achieved in the second quarter.
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Sainsbury's sales grew 0.1 percent in the three-month period that spans the Christmas spell, the first positive like-for-like growth since 2013, according to Bernstein analysts.
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The company said it was well positioned to deliver solid like-for-like revenue growth with robust margin progression at constant currencies and strong cash conversion in 2017.
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"2016 will probably be another record year," Bazin told analysts after 2015 operating profit rose 3 percent like-for-like to a record 665 million euros ($739.75 million).
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Safran warned this rate of growth was "not fully representative" of the annual trend, even though its 'Seats' division resumed like-for-like growth in the first quarter.
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Reduction in LfL Sales: Lenta's like-for-like (LfL) sales declined by 1.7% in 1Q17 and we expect overall organic sales growth to remain under pressure in 2017.
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For the group as a whole, revenues in the first quarter of 2016 fell by 6 percent on a like-for-like basis, excluding the closed-down unit.
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Core profit in the second quarter rose by 4.3 percent on a like-for-like basis to $4.01 billion, below the average Reuters poll forecast of $4.13 billion.
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Poundland, purchased by Steinhoff for 610 million pounds ($826 million) in 2016, said like-for-like sales in the three weeks to Christmas Day were up 6 percent.
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DISAPPOINTING PERFORMANCE Overall, like-for-like sales were flat in the second quarter, missing the 1.9% growth analysts on average had expected, according to a company supplied consensus.
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X5 reported this week a 23.4 percent jump in fourth-quarter sales and a 3.5 percent increase in like-for-like sales, driven by low-cost Pyaterochka stores.
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First-quarter sales included like-for-like growth of 13.3 percent in Aerosystems and Aircraft Interiors, which includes activities acquired through the purchase of Zodiac Aerospace last year.
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In the first six weeks of its second half, like-for-like sales increased by 3.7 percent and total sales were up 5.7 percent it said on Friday.
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First-half operating profit reached 1.858 billion euros ($13 billion), marking a like-for-like rise of 6.4%, slightly above a company-compiled analyst forecast for 1.847 billion.
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Accountancy and business advisory firm BDO said its monthly High Street Sales Tracker (HSST) showed like-for-like sales dropped 2.7 percent in August from a year earlier.
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This was a like for like rise of 14.7 percent, excluding currency impacts, acquisitions and divestments, with Edenred performing well in spite of tough market conditions in Brazil.
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Like-for-like sales for the quarter ended April rose 2.3% and the company said revenue from its online store also grew because of new ranges and designs.
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First-half operating profit reached 1.858 billion euros ($2.1 billion), marking a like-for-like rise of 6.4%, slightly above a company-compiled analyst forecast for 1.847 billion.
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Danone kept its 2016 target for like-for-like sales growth of between 3 percent and 5 percent and an improved operating margin from last year's 12.91 percent.
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On a like-for-like basis, revenues fell 7.8 percent, which analysts said indicated a more than 10 percent fall in print advertising revenue in the second quarter.
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A slight slowdown in fourth-quarter like-for-like retail from the third quarter may give the market pause for thought, analysts at Liberum said in a note.
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The owner and operator of more than 900 pubs in UK and Ireland said like-for-like sales rose 6.3 percent in the 63 weeks to January 27.
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Metro runs 93 stores in China and reported like-for-like sales up 2.9 percent in Asia in the first nine months of its 2017/18 financial year.
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British supermarket chain Sainsbury's fell more than 1 percent after it said like-for-like sales for the 15 weeks to Jan 9 fell 0.4 percent, excluding fuel.
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PSP rent levels have remained nearly flat, compared with continued like-for-like rental growth for both Unibail and Segro; Rental dynamics in its markets are less favourable.
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It forecast like-for-like net revenue growth of 4 to 5 percent and for its operating margin to expand at a "moderate" rate in the medium term.
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The company reported like-for-like sales down 4.5 percent year on year in its third quarter after a record 4.7 percent decline in the previous three months.
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"If we were to look at replacing parts of our vendor ecosystem, that would mean spending time on replacing like-for-like kit rather than innovating," he said.
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Revenue grew 6.7 percent on a like-for-like basis, while civil aftermarket revenue rose 8.6 percent in dollar terms, in line with its goals for the year.
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Second-quarter core profit (EBTIDA) rose 7.0 percent on a like-for-like basis to $5.57 billion, above the average figure in a Reuters poll of $5.49 billion.
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The owner and operator of more than 900 pubs in UK and Ireland said like-for-like sales rose 6.3 percent in the 26 weeks to Jan. 27.
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This was supported by a 30% rise for SEM, supported by like-for-like growth of 45% in the 'rest of Africa segment', which excludes Namibia and Botswana.
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Danone shares were up 4 percent by Europe's close after the French food group reported like-for-like sales growth of between 3 and 5 percent, Reuters reported.
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On Wednesday, JP Morgan lowered its like-for-like sales growth forecast for Burberry to minus 2 percent for the January-March period against a previous flat forecast.
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Co-op said like-for-like sales in its supermarkets had grown by 3.5 percent, as its convenience stores attracted customers who wanted to shop little and often.
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Fourth-quarter sales decreased by 23.1 percent to 61.3 billion roubles including VAT, like-for-like sales in the last quarter fell by 26.4 percent, the company said.
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The number of rides in the Taxi segment grew by 49% year-on-year after a 53% growth on a like-for like basis in the first quarter.
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Excluding the positive impact from IFRS 16, adjusted EBITDA, on a like-for-like basis regarding exchange rates, acquisitions and disposals, fell 2 percent from a year ago.
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In the third quarter which includes the Christmas trading period, like-for-like sales at the general merchandise division which covers clothes, shoes and homewares fell 5.8 percent.
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The group, which issued a huge profit warning in May, said like-for-like sales were flat in the 13 weeks to July 28, its fiscal first quarter.
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The company is now targeting only flat like-for-like sales for the full year in its base business, down from a previous target of 2 percent growth.
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Crawshaw last month reported a double-digit drop in like-for-like sales and flagged that UK High Streets are under increasing pressure that was unlikely to change.
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It said Primark sales were expected to rise 5.5 percent at constant currency rates as increased selling space offset a 2 percent fall in like-for-like sales.
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It helped make up for a 9.8 percent decline in like-for-like second-quarter sales at sister brand Bottega Veneta, Kering's second biggest fashion brand after Gucci.
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Like-for-like retail sales, which exclude new store openings and more closely represent how retailers typically present their earnings, were just 0.1 percent higher on the year.
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Stripping out fuel and calendar effects, like-for-like revenue grew 13 percent year-on-year, an acceleration from the 2.7 percent growth achieved in the second quarter.
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"Like-for-like sales in the first quarter were higher, over 11 percent, but that is because we had better weather than the previous year," Przemyslaw Lutkiewicz said.
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Shares of greeting card retailer Card Factory climbed 3.3% after it posted higher first-quarter sales and guided to marginally positive like-for-like sales for the year.
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Like-for-like sales for 28 weeks ended April 14 climbed 1.6 percent, and rose 2.5 percent when adjusted for impact of frigid weather conditions, the company said.
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The company also said its like-for-like revenue was up by 2.3 pct year-on-year in the second quarter and LFL traffic was up 4.1 percent.
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In 2018, De Fursac's sales reached 41.4 million euros (£37 million), with a strong like-for-like sales growth of 5.4% and an EBITDA margin above SMCP's margin.
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In the medium term, the company has been targeting low to mid-teens percentage like-for-like growth in Russia and 40 to 60 store openings per year.
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Food sales rose 3% to 3.7 billion pounds, with the country's fifth biggest food retailer recording 22 straight quarters of like-for-like sales growth in the unit.
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Like-for-like sales growth slowed to 2.3 percent in the April to June period from 2.6 percent in the first, when analysts had forecast a slight improvement.
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The French vouchers and prepaid cards group posted a 5.2 percent rise in first-quarter revenue on a like-for-like basis and confirmed its 2016 growth target.
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Danone made the forecast after delivering 2019 like-for-like sales growth of 2.6%, near the bottom of an already lowered range of 2.5-3% provided in October.
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Remy Cointreau shares tumbled 11.1% after the French spirits group posted a worse-than-expected 11.3% fall in third-quarter like-for-like revenues and suspended its guidance.
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Like-for-like sales in the UK have fallen 0.7 percent so far in the current fiscal year as weakness in regional markets overshadowed a strong Central London.
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On the back of this, Day forecast at least mid-single-digit like-for-like revenue growth and double-digit adjusted EPS growth at constant exchange for 2016.
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In June, U.K. retail sales increased by 1.1 percent on a like-for-like basis from June 2017, when they had increased 9.33 percent from the preceding year.
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In contrast, France's L'Oreal last month reported that sales rose a forecast-beating like-for-like 7.7 percent, while German rival Beiersdorf saw organic sales rise 6 percent.
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Analysts forecast UK like-for-like sales growth of 0.5 to 1.0 percent for the third quarter, picking up to 1.0 to 1.5 percent for the latter period.
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Reach said it was confident of meeting its full-year expectations as it reported a 4.4% fall in like-for-like revenue for the five months ended Nov.
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He said his priority was to fix operational issues, particularly in IT and the supply chain in France, where like-for-like sales slumped 6.1% in the quarter.
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Accountancy firm BDO said its monthly High Street Sales Tracker found overall UK like-for-like sales fell 2.2 percent in February - a third straight month of decline.
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Like-for-like sales, however, only rose 1%, as the company's high street business continued to stumble and it kept its previous outlook for the full year unchanged.
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However, it is important to note that Sainsbury's, unlike Tesco and Morrisons, is not in turnaround mode and has not had to rebase its like-for-like sales performance.
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Analysts are on average forecasting like-for-like sales growth in its clothing and home division of 0.2 percent with underlying sales in its food business down 0.4 percent.
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The company said positive trading has continued through the second half of the year and maintained cumulative like-for-like store sales growth for the 49 weeks to Jan.
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Trading in Carpetright's Rest of Europe division, comprising the Netherlands, Belgium and Ireland, was "volatile", though it said like-for-like sales rose 13 percent over the 11 weeks.
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RBC Capital Markets estimated it had booked like-for-like sales of around 6.5% during the first weeks of the second quarter, against around 2% in the first quarter.
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With the adverse foreign exchange effects removed, Inditex is under pressure to show it can deliver strong like-for-like sales without the margin dilution that has affected others.
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There have been signs of a resurgence in interest in its styles this year, however, and like-for-like sales in its fashion business rose 9.2% in the period.
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Like-for-like sales, which strip out acquisitions to enable comparisons, had fallen every quarter for the past three years in DIA's main Iberia market, encompassing Spain and Portugal.
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Likewise, Britain's fourth-largest supermarket Morrisons beat analysts' expectations after posting a rise in like-for-like sales, ending three years of declines and sending shares 10 percent higher.
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Like-for-like sales were up 0.5 percent compared with the first quarter of last year, the company's Chief Financial Officer Svetlana Demyashkevich told analysts on a conference call.
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RBC Capital Markets estimated it had booked like-for-like currencies of around 6.5% during the first weeks of the second quarter, against around 2% in the first quarter.
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Overall like-for-like sales growth for Reckitt were flat in the second quarter, missing the 1.9% growth analysts on average had expected, according to a company supplied consensus.
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Magnit said earlier on Friday its fourth-quarter net sales grew 6.2 percent after rising 6.5 percent in the third quarter, while like-for-like sales fell 4.17 percent.
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The Swiss company increased its first half earnings before interest, tax, depreciation, and amortisation by 11% on a like-for-like basis to 2.66 billion Swiss francs ($2.69 billion).
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Dixons Carphone finished near the top of the STOXX 600 after it reported a 4 percent rise in like-for-like sales in the 13 weeks ended July 30.
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Like-for-like store sales at its core sports fashion business rose 10 percent although the company said it was "unreasonable" to growth to be maintained at this level.
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The British fashion retailer said overall revenue fell 10.5 percent to 13 million pounds ($35.9 million), as like-for-like sales in the UK, Europe were 7 percent lower.
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In France, where Carrefour makes 47 percent of its sales, like-for-like revenues rose 1.5 percent in the fourth quarter following a 0.9 percent drop in the third.
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Like-for-like sales rose 2.5 percent to 24.677 billion euros ($31 billion), slightly above analysts' expectations although it also marked a slowdown from 2.9 percent growth last year.
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Peer Greene King, however, dropped 3.9 percent after reporting a slowdown in like-for-like sales growth and saying that trading could get tougher as a result of Brexit.
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The company said like-for-like sales rose 9.6 percent in the six weeks to March 10, helped by good weather this year, while total sales increased 10.9 percent.
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Revenue from its Legoland parks grew 2.2 percent on a like-for-like basis, missing market forecasts, as concerns about the Zika virus hit demand at its Florida site.
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AB InBev's core profit in the second quarter rose 4.3 percent on a like-for-like basis to $4.01 billion, below the average Reuters poll forecast of $4.13 billion.
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In the third quarter which covers the key Christmas trading period, like-for-like sales at the general merchandise division which covers clothes, shoes and homewares fell 5.8 percent.
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"The lack of return to like-for-like growth at Primark in Q1 will disappoint, even if largely linked to Europe self cannibalisation," said Jefferies analysts in a note.
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However, the company forecast a decline in continuing like-for-like sales in the first half of 2.683, sounding a cautious note compared to other companies in the sector.
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LafargeHolcim confirmed its 2019 targets for sales growth of 3-5 percent on a like-for-like basis and recurring core operating profit growth of at least 5 percent.
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Sales in this unit rose 1.4 percent from a year earlier on a like-for-like basis, which strips out swings in currency exchange rates and acquisitions or disposals.
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A review in 2013 reaffirmed that "like-for-like" replacement of the four submarines that carry the missiles represented the best and most cost-effective way to do it.
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Third-quarter core profit (EBITDA) rose 7.5 percent on a like-for-like basis to $5.36 billion, well below the average forecast in a Reuters poll of $5.71 billion.
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On a like-for-like basis - which excludes new store openings - sales were up by 5.6 percent in April compared with the same month last year, the BRC said.
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Second-quarter core profit or EBTIDA rose 7.0 percent on a like-for-like basis to $5.57 billion, above the average forecast in a Reuters poll of $5.49 billion.
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JD did not publish any trading numbers, saying like-for-like store sale comparisons would not be truly meaningful until the end of its first half on July 13.
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Tesco, which has a 20.5 percent share of the British grocery market, reported a 1.9 percent rise in like-for-like revenue in the six weeks to Jan. 6.
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Heineken said beer volumes rose by a like-for-like 7.0 percent to 43.5 million hectolitres, well above the median 41.3 million hectolitres forecast by analysts polled by Reuters.
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Like-for-like sales rose 5 percent, 3 percent and 9 percent in the UK & Ireland, Nordics and Southern Europe divisions respectively, with market share won in all territories.
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WH Smith reported its first rise in group like-for-like sales in 12 years last October with the improvement coming primarily from robust sales by the travel business.
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Grosvenor casinos like-for-like sales fell 7.2 percent hit by lower margins from high-spending customers, while sales at Mecca bingo venues fell 5 percent, the company said.
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Like-for-like sales at its Real hypermarkets, which it records as a discontinued business, fell by 5.1 percent, mainly due to Easter falling outside the quarter this year.
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It forecast like-for-like net revenue growth of 4 percent to 5 percent and for its operating margin to expand at a "moderate" rate in the medium term.
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Nevertheless, it should be supported by like-for-like sales growth, further improvement in purchasing power from higher volumes and the ongoing development of the higher-margin decoration range.
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Like-for-like sales growth slowed to 7.2 percent from 9 percent, although the company managed to increase its net profit by 19 percent, its results showed on Monday.
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Greene King, which runs 2,730 pubs, restaurants and hotels across England, Wales and Scotland, also said like-for-like sales were down 1.8% for the 18 weeks ended Sept.
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It said that in the 13 weeks to March 21 electricals like-for-like sales rose 8%, reflecting a strong recent uplift - up 23% in the last three weeks.
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Essentra expected at least mid-single-digit like-for-like revenue growth and double-digit adjusted EPS growth at constant exchange for 2016, Chief Executive Colin Day told Reuters.
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The company reported a 1 percent fall in like-for-like sales in UK and Ireland from July to October, reducing the increase for January-October to 0.8 percent.
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Meanwhile, Greene King slumped to the bottom of the benchmark, after it reported a dip in pub like-for-like sales for the 18 weeks through to September 3.
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The group, which trades as Currys PC World and Carphone Warehouse in Britain, said group like-for-like revenue rose 1 percent in the 10 weeks to Jan. 5.
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The company, which also brews beers such as Greene King IPA, Old Speckled Hen and Abbot Ale, said pub like-for-like sales for the 18 weeks to Sept.
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In WH Smith's High Street business, where it sells stationery, greeting cards, newspapers and magazines, total sales and like-for-like revenue were both down 5% during the period.
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This marked a like-for-like rise of 3.0% that was below analysts' expectations for 3.8% growth, but was nevertheless an acceleration from 2.5% growth in the second quarter.
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Shares in Metro rose 2600 percent after the retailer said it had a "very good Christmas business" in Germany, with like-for-like sales up 1.73 percent in December.
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Excluding performance of the pipe protection technologies unit, which has an exposure to the oil and gas industry, revenue was up 5 percent on a like-for-like basis.
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Analysts polled by Reuters had predicted average adjusted earnings before interest, taxes, and amortisation (EBITA) of 438 million euros, with a like-for-like sales growth of 4 percent.
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Paterson claims the startup has no like-for-like competitors, although certain aspects of the business — such as helping to manage brand reputation — may overlap with other types of services.
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"There is a small slowdown in Q4 Retail LFL (like-for-like) sales over Q3 ... which may give the market pause for thought," analysts at Liberum said in a note.
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Carpetright, which trades from 416 UK stores and also sells beds, said like-for-like sales in its home market fell 3.6 percent in the 11 weeks to Jan. 13.
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In the July-September quarter, Remy Cointreau's like-for-like sales, which strip out currency effects and disposals or purchases, rose 6.2 percent from a year earlier, beating analysts' projections.
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But Sajwani said like-for-like prices had not come down significantly, arguing that the size of apartments had merely been cut to cater to investor demand for smaller units.
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Like-for-like retail sales rose 0.2 percent while wholesale sales were up 2.1 percent, with online retail sales growth of 0.4 percent suggesting the contribution from stores was negative.
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In France, where Carrefour makes 47 percent of its sales, like-for-like revenue rose 1.9 percent in the quarter, an acceleration from 0.5 percent growth in the first quarter.
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Sales grew 9 percent on a like-for-like basis - which strips out currency swings and acquisitions - compared to 10 percent in the third quarter, and in line with forecasts.
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Shoprite, which runs more than 2,13 outlets across Africa, said supermarkets in South Africa reported a 7.8 percent growth in sales, or 3.5 percent on a like-for-like basis.
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Gross sales at Waitrose were 3.39 billion pounds in the first half, up 2.6 percent on a like-for-like basis, while sales at John Lewis were 2.09 billion pounds.
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Like-for-like revenue grew 21 percent in the three months ended June, said Cranswick, which processes and supplies fresh pork, sausage, bacon, cooked meats, poultry, charcuterie and pastry products.
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Sales rose to 1.1 trillion roubles ($18.3 billion) from 947.8 billion roubles in 2015 while like-for-like sales were down 0.3 percent last year, Magnit said in a statement.
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The net profit margin almost holds its own from the current 20 percent if like-for-like sales dip 2 percent annually, the average slowdown of the past five years.
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What is more, the global consumer health market has slowed, from 4-6 percent like-for-like sales growth to 0-3 percent growth, Morgan Stanley analysts said in December.
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Whitbread blamed a tough British high street environment for a slip in Costa Coffee sales, while like-for-like sales across the group rose only marginally in the third quarter.
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The company said its business supplying hotels and restaurants suffered in France and Belgium from fears of more Islamist attacks, although like-for-like sales rose in Turkey and Spain.
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AB InBev said overall first-quarter core profit rose 5.8 percent on a like-for-like basis, excluding currency changes and the impact of its merger last year with SABMiller.
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SIG tumbled nearly 5% as it posted lower like-for-like sales for the first half of the year and flagged a "marked deterioration" in UK construction activity this year.
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Like-for-like sales in LVMH's fashion and leather goods division as a whole were up 13 percent between July and September, unchanged from the growth posted a quarter earlier.
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Stockholm-based Autoliv, which rivals Joyson Safety Systems and ZF TRW, forecast 2018 like-for-like sales growth of around 8 percent compared with a 9.5 percent mean poll forecast.
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ST beat quarterly forecasts helped by cost cuts on Thursday, sending shares in the biggest Nordic bank higher despite its warning that like-for-like 2018 revenue would likely fall.
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Shares of Danone closed around 3.5 percent higher on Tuesday after the food group posted a like-for-like sales rise of 3.5 percent in the first quarter, beating expectations.
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MI said like-for-like sales fell 20.9189 percent in the first quarter, hit by a recently introduced policy of reducing discounts and promotions online and across its retail network.
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But it also said a 19% overall fall in like-for-like retail revenue was better than it had feared, with some punters turning to its sports betting terminals instead.
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The group said Primark's first-half sales were expected to be up 4 percent, with increased selling space partially offset by a 2 percent decline in like-for-like sales.
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Wal-Mart has said Asda was too slow in responding to that competition and prior to Thursday's update Asda had reported eleven straight quarters of like-for-like sales decline.
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"In line with our objective as announced in February, the group is targeting a further like-for-like increase in operating income in 2019," St Gobain said in a statement.
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While AB Foods said like-for-like sales in its main market Britain were positive - rising about 1-2 percent according to analysts - they declined in Germany and the Netherlands.
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Danone's like-for-like sales in 2018 rose 2.9 percent to 24.651 billion euros ($27.8 billion), up from 2.5 percent in 20193 and slightly above analysts' estimates for 2.8 percent.
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The company posted better-than-expected earnings for its first quarter, with net sales down 0.1 percent like-for-like, beating estimates of a 1 percent drop, it said Monday.
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At 1348 GMT, they were trading 4.6% lower, with traders pointing to third-quarter sales of 5.06 billion euros ($5.6 billion), which were flat on a like-for-like basis.
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Greggs, which launched a vegan version of its popular sausage roll last week, said like-for-like sales in its company-managed shops grew 5.2 percent in the fourth quarter.
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For the third quarter, LafargeHolcim reported sales up 4.1 percent on a like-for-like basis to 6.94 billion Swiss francs ($6.95 billion), matching analyst estimates in a Reuters poll.
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Helped by accelerated customer growth in its hybrid fibre broadband and reduced costs, it reported a 14% increase in like-for-like earnings before interest, tax, depreciation and amortisation (EBITDA).
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Spain and Portugal, which provide two thirds of Dia's revenue, saw slightly better like-for-like sales from a year earlier, although they remained negative, offsetting growth in emerging markets.
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At 1348 GMT, they were trading 4.6% lower, with traders pointing to third-quarter sales of 5.06 billion euros ($5.6 billion), which were flat on a like-for-like basis.
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Like-for-like revenue for its North American business in the 10 months to the end of February declined 071.6 percent as heightened car and air competition hurt the business.
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In practice, the static balance sheet means assets/liabilities that mature during the horizon are replaced on a like for like basis, and no workout of defaulted assets is assumed.
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Reckitt forecast like-for-like sales growth of 3 percent on a stand-alone basis for 2017, below analyst expectations, and reiterated a medium-term target of "moderate" margin expansion.
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Europe's largest hotel company posts an 8 percent rise in like-for-like operating profits for 2018, helped by cost controls and robust demand in most key regions including France.
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Ladbrokes Coral, which trades from over 3,500 shops across England, Wales and Scotland under the Ladbrokes and Coral brands, said UK retail like-for-like net revenue fell 1 percent.
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Accor said first quarter revenue rose 8.8 percent on a like-for-like basis to 987 million euros ($1.11 billion) as Europe remained strong while South America confirmed its recovery.
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For 225, Danone is targeting like-for-like sales growth of 22.2-2.33 percent and a rise in operating margin of 22.3-21 basis points from 20.8928 percent in 2015.
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Sales in like-for-like stores increased by 1.1 pct * Says estimates the calendar effect for December to be 0.2 pct Source text for Eikon: Further company coverage: (Stockholm Newsroom)
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Weak results in April knocked 15 percent off the shares in a single day and its most recent results revealed like-for-like sales declined for a seventh consecutive quarter.
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But the global consumer health market has slowed, from 4 to 6 percent like-for-like sales growth to zero to 3 percent growth, Morgan Stanley analysts said in December.
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Heineken's operating profit excluding one-offs rose by 9.9 percent on a like-for-like basis excluding currency movements and one-offs to 3.54 billion euros ($3.7 billion) last year.
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Dixons Carphone said first quarter like-for-like sales in its UK & Ireland electricals division rose 2%, while sales in its international division on the same basis were up 4%.
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Single-word comments like "row" and "first," and the implicit promise of like-for-like, followback-for-follow rule supreme on the network, human-fuelled rather than due to robots.
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Heineken's operating profit excluding one-offs rose by 9.9 percent on a like-for-like basis excluding currency movements and one-offs to 3.54 billion euros ($3.74 billion) last year.
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In like-for-like terms, which strips out changes in retail space, sales were up 0.4% compared with November 2018, when adjusted for Black Friday and the proximity of Christmas.
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Europe's largest defence electronics company now expects full-year revenues to grow around 1% on an organic or like-for-like basis, rather than a previous goal of around 3%.
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M&S, one of the best known names on the UK high street, said on Thursday its overall like-for-like sales rose 0.2% in the 13 weeks to Dec.
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The British stalwart's biggest like-for-like rival, TUI, saw its shares jump almost 2100% on Monday morning and continued to climb into Tuesday, closing at 959.6 pence per share.
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Wetherspoon, popularly known as Spoons, said like-for-like sales in the fiscal year to date climbed 5% and it expects a trading outcome in line with its previous forecast.
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In like-for-like terms, which strips out changes in retail space, sales were up 0.4% compared with November 2018, when adjusted for Black Friday and the proximity of Christmas.
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The company said on Tuesday that like-for-like sales for the 19 weeks to 9 January were up 1.9 percent, beating analyst expectations for them to rise 0.3 percent.
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Like-for-like revenue per available room (RevPAR) dropped 5.33 percent, in the first 21 days of trading in July, but it rose 8.9 percent in London, the company said.
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N Brown, whose biggest brand JD Williams "performed well" during the quarter, said like-for-like revenue for the group rose 4.1 percent in the 18 weeks ended Jan. 2.
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In addition, the firm said like-for-like sales growth at its Russian stores was expected to come in at 10.8 percent, while online sales had almost doubled year-on-year.
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The company, which publishes the Daily and Sunday Mirror, said like-for-like group revenue fell 7 percent, with circulation and print advertising revenue down 4 percent and 20 percent respectively.
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Sales in like-for-like stores increased by 2.6 pct * ICA Gruppen estimates the calendar effect for September to be +1.9 pct Source text for Eikon: Further company coverage: (Stockholm Newsroom)
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This marked a like-for-like rise of 11.3 percent and reflected strong demand in Asia and Australia, as well as positive trends in America and the travel and retail sectors.
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And people's input will not necessarily be rewarded on a like-for-like basis: a nurse who volunteers today might not get help in future from somebody equally qualified, for instance.
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B&M said it had made a "pleasing" start to its new financial year with first quarter like-for-like sales up "mid-single digit" in B&M UK fascia stores.
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The company said first-quarter EBITDA came in at $4.99 billion, a like-for-like increase of 8.2 percent, but below the average forecast of $5.06 billion in a Reuters poll.
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For Sainsbury's fourth quarter to March 20.7747 analysts are on average forecasting a 1.6 percent fall in like-for-like sales, which would follow 1.1 percent decline over the Christmas period.
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Safran shares rose more than 2 percent after it posted quarterly underlying revenue up 12.6 percent, outstripping the pace set by a 2019 like-for-like growth target of 5 percent.
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However, like-for-like sales in Britain and Italy were down 8% and 10% respectively, compared with first quarter slumps of 13% and 22%, after a pick up in marketing spending.
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Sainsbury's said third quarter retail like-for-like sales, excluding fuel, rose 2581 percent - ahead of analysts' average forecast of 173 percent and growth of 217 percent in the previous quarter.
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However, growth seems to be slowing at the firm, with a rise of 3.2 percent in like-for-like revenues, down from 4.3 percent for the first half of this year.
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Morrisons did particularly well: the fourth-largest supermarket chain increased its like-for-like sales by 2.8% in the ten weeks to January 1.43th compared with a year ago, beating expectations.
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Europe's largest defense electronics group said on Thursday that nine-month sales had risen 6.2 percent - or 7.9 percent on a like-for-like basis - to 10.873 billion euros ($12.50 billion).
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LVMH's watch and jewelry division had sales of 3.8 billion euros ($4.5 billion) in 2017, up 12 percent on a like-for-like basis, which strips out currency swings and acquisitions.
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The company confirmed in October that it expected like-for-like issue volume growth to be at the lower end of its historic target range of 8 percent to 14 percent.
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"Primark's subdued like-for-like and upcoming margin headwinds are unlikely to prove conducive to continued near-term valuation rebuild," said Jefferies analysts, who have a 'hold' rating on the stock.
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First-half operating profit reached 210 billion euros ($22018 billion), marking a like-for-like rise of 220%, slightly above a company-compiled median of analyst estimates for 20193 billion euros.
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WPP just had its worst year since the financial crisis, with declining revenues from like-for-like operations (ie, stripping out revenue from acquired businesses) and a slightly reduced profit margin.
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That compares to a fall of 0.6 percent in the previous quarter.. Like-for-like sales in the UK and Ireland fell 1.0 percent and were down 3.8 percent in France.
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On Thursday it reported a 0.8 percent rise in first-quarter like-for-like net sales growth, slightly shy of expectations at 1 percent, after 2016 contract losses took their toll.
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New Look said its total UK like-for-like sales fell 2.3 percent in its second quarter to the end of September, but were up 0.9 percent in its third quarter.
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In the second quarter alone, like-for-like sales rose by a slightly higher-than-expected 6.3 percent, compared to the 6.8 percent revenue growth notched up in the first quarter.
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The company reiterated that it expects like-for-like net rental income for 2016 to be in the range of 3 percent to 4 percent, having increased its target in July.
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Toyota's Prius still sells in droves, yet very few companies have tried making a direct, like-for-like competitor — a form-after-function hybrid sedan that prioritizes efficiency above all else.
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Carrefour, which is Europe's largest retailer, said 2017 sales reached 88.240 billion euros, a like-for-like rise of 1.6 percent but a slowdown from 3 percent growth achieved in 2016.
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For Sainsbury's fourth quarter to March 9 analysts are on average forecasting a 1.6 percent fall in like-for-like sales, which would follow 1.1 percent decline over the Christmas period.
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"while the market was prepared for a weak quarter, Reckitt Benckiser is the only EU Food/HPC company so far to miss on undemanding like-for-like expectations," said UBS analysts.
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Among gainers, Domino's Pizza jumped 7.5 percent as results showed its UK like-for-like sales rose while Sirius Minerals added 6.5 percent after announcing an alternate financing proposal with lenders.
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In its rating case Fitch incorporates this risk through like-for-like sales stabilising in FY19, with EBITDA margin slowly growing to around 6% by that time, driven by cost reductions.
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Overall, Reckitt's health-related products, which make up 62 percent of the business, saw like-for-like sales up just 1 percent, while the home and hygiene business grew 4 percent.
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In the year-to-date, X5's net retail sales were up by around 28 percent, year-on-year, and like-for-like sales were up around 9 percent, Shekhterman said.
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Travis Perkins' overall like-for-like sales rose 3.0 percent in the first quarter, benefiting from a strong performance in the restructured plumbing & heating business where underlying sales rose 19.7 percent.
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L) for 7.3 billion pounds ($8.8 billion) was blocked by Britain's competition regulator in April, said its like-for-like sales rose 0.5% in its fiscal second quarter to June 30.
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First quarter like-for-like sales were up 10.6 percent in its main merchants division, were up 13 percent in its Wickes home improvement business and up 19.1 percent in Toolstation.
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On a like-for-like basis, which strips out changes in store size, the BRC said sales increased by 1.4 percent year-on-yaer after a 0.4 percent drop in May.
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The advantage of this approach is that it allows us to compare like-for-like; Imperial College, for example, offers courses mainly in the more-lucrative fields of science and engineering.
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The British Retail Consortium, which reported a 0.1 percent annual rise in October like-for-like sales on Tuesday, also said some shoppers were delaying purchases ahead of Black Friday discounts.
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Europe's largest defence electronics group said on Thursday that nine-month sales had risen 6.2 percent - or 7.9 percent on a like-for-like basis - to 10.873 billion euros ($12.50 billion).
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Tesco reported last month preliminary results for the fiscal year of 2017/18, showing like-for-like sales up by 2.2 percent and a reduction in net debt by £1.1 billion.
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Morrisons, which reported Thursday a 3.6 percent increase in like-for-like sales during the first quarter of the year, has left the door open to a potential bid for Sainsbury's.
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Like-for-like sales at X5 were up 0.5 percent year-on-year with a 2.2 percent rise in the average price helping offset a 1.6 percent drop in customer traffic.
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Adequate Operating Key Peformance Indicators: Negative like-for-like NRI growth (-2.3%) in 2016 was driven mostly by poor performance in Russia, hiding Atrium's underlying growth of 1.8% (0.5% in 103).
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In the final quarter of the year, core profit (EBITDA) rose by 10 percent to $6.17 billion, above the 7 percent like-for-like increase forecast in a company-compiled poll.
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Sales rose 2.8 percent in that division on a like-for-like basis in the fourth quarter, which strips out currency effects and acquisitions, up from 20173 percent a quarter earlier.
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The outcome was helped by a strong end to the year in Tesco's home market, with fourth quarter like-for-like sales up 2.3 percent - a ninth straight quarter of growth.
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Billy Beane, a friend of Wenger's, has always preached the need not to find like-for-like replacements for players, but to try to replace the aggregate of what they provided.
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In the first two weeks of March group like-for-like sales continued to be positive, with growth across all businesses within its core markets, strongly supported by e-commerce sales.
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The owner of All Bar One, Toby Carvery, Harvester and Browns chain of pubs, bars and restaurants said like-for-like sales rose 2.6% in the 14 weeks to Jan. 4.
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The group said Wickes' like-for-like sales rose 4.5% in its fourth quarter, driven by continued strong demand across both its core business and "do-it-for-me" (DIFM) operation.
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In corporate news, Sainsbury's reported a weak Christmas quarter before the bell, attributing a drop in like-for-like sales to poor demand for general merchandise while emphasizing solid food sales.
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In 2016 the company had the fastest revenue growth in the sector (28% yoy) due to accelerated new store openings and industry-leading like-for-like (LfL) sales growth (8% yoy).
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The retailer had 3.1 billion roubles in revenue in the third quarter, with like-for-like sales rising 6 percent and continuing to be positive in October and November, he said.
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The luxury group said on Thursday first-half preliminary revenues were up 2225 percent at constant currencies and that like-for-like sales rose 2100 percent in the first 240 weeks.
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On the earnings front, French drinks giant Pernod Ricard announced that 52.2017 full-year revenue was up 3.6 percent on a like-for-like basis to 9.01 billion euros ($10.7 billion).
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Retail sales were up by an annual 0.9 percent on a like-for-like basis, down from a rise of 1.2 percent in June, according to the new data out Tuesday.
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The company, which debuted on the London Stock Exchange last year, reported 10 percent growth in like-for-like sales in Turkey and 28.9 percent in Russia driven by online orders.
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M&S's food business, which is focused at the premium end of the market, has reported four straight quarters of like-for-like sales decline - the latest in the key Christmas quarter.
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Food sales increased 0.6 percent on a like-for-like basis and 0.2 percent on a total basis over the three months to February 2017, continuing an upwards trend in essential spending.
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Steinhoff's expansion into eastern Europe has been particularly rapid and profitable, with like-for-like sales in Poland, Slovakia, Czech Republic, Romania and Hungary up by a fifth on a year ago.
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Overall sales rose 2 percent year on year to 8.68 billion euros like-for-like, reflecting 4 percent growth in the United States and a 9 percent fall in sales to China.
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The maker of Johnnie Walker Scotch whisky, Smirnoff vodka and Guinness beer on Thursday said net sales grew 2.8 percent on a like-for-like basis in the year ended 30 June.
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In the fourth quarter alone, revenue came in at 297.1 million euros, marking a like-for-like rise of 7 percent, albeit a slowdown from 8.7 percent growth in the third quarter.
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The company now expects 2018 full-year adjusted core earnings to be at a similar level to the prior year after a 2.7 percent drop in first-half like-for-like sales.
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The company blamed short-term weather factors in late February and March and the timing of an earlier Easter for an around 1.6 percent reduction in second-quarter like-for-like sales.
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In the first three months of the year, like-for-like sales in Iberia, which provides about two thirds of its revenue, had dropped 0.3 percent from the same period in 2015.
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Danone added it was on track to deliver on its 2020 goals for an operating margin above 16 percent of its sales and like-for-like sales growth of 4-5 percent.
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STOCKHOLM, Feb 5 (Reuters) - Automotive technology supplier Veoneer on Wednesday reported a lower than expected quarterly operating loss and forecast "mid-single digit" organic, or like-for-like, sales growth for 2020.
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CEO Eric Rondolat told reporters the quarter was noteworthy because for the first time growth in like-for-like sales at the three other divisions outweighed falling sales in the bulbs business.
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North American like-for-like revenues for L'Oreal — which strip out currency swings and acquisitions — fell 1.1% in the April to June period and were flat in the first half of 2019.
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The firm said trading in 2017 has started in line with expectations, with like-for-like sales at shops which they manage up 2 percent in the eight weeks to Feb. 25.
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The revenue increase reflected a strong contribution from new accommodation and attractions and a positive translational impact from non-sterling earnings, partly offset by a slight decline in like-for-like revenue.
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Rowe said delaying M&S' summer sale from the first quarter to the second quarter and the removal of 28 promotions took about 5 percent off its like-for-like clothing sales.
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First-half operating profit reached 1.72 billion euros ($2 billion), a like-for-like rise of 7.3 percent, which was above a company-compiled median of analyst estimates for 1.646 billion euros.
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Operating income before depreciation (OIBD) rose 2 percent on a like-for-like basis to 818 million euros, HeidelbergCement said on Tuesday, also below the poll average, which was 847 million euros.
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No. 4 Morrisons reports on Tuesday, with analysts on average forecasting group like-for-like sales up 1.8 percent - a deceleration from its previous quarter but a ninth straight quarter of growth.
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A key growth driver for L'Oreal in 2018 was new markets, including the Asia-Pacific region — where ongoing Chinese demand for luxury products saw like-for-like sales grow by 24.1 percent.
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Italian fashion group Tod's said like-for-like sales for 2018 fell 3 percent due to a worsening of the performance in Italy and the rest of Europe in the fourth quarter.
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In the third quarter, sales fell 18 percent due to lower online demand for its baby products and fewer discounts, leading to a double digit dip in UK like-for-like revenue.
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Card Factory said like-for-like sales at its online Getting Personal service, which lets customers get made-to-order gifts, fell 8.4 percent, bitten by heavy discounting and spending on promotions.
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The strong performance helped WPP to report first-quarter like-for-like net sales growth of 3.2 percent, in line with forecasts and putting it on track for its full-year target.
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The company, which currently operates 163 stores, said it expects 1.5 percent of like-for-like sales from the third quarter to move to the fourth, citing a late Easter this year.
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The firm, which trades from over 20 brands, said like-for-like sales were up 10.6 percent in its main merchanting division and up 10.5 percent in its Wickes home improvement business.
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General Merchandise Market Share Declines In our view winning back market share will be tough for M&S, which continues to suffer from falling like-for-like (lfl) sales in general merchandise.
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Cost savings are likely to continue being reinvested, while low like-for-like sales growth in stores and fast-growing online sales are likely to enable only limited benefits from operating leverage.
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The maker of Garnier shampoo and Maybelline makeup reported a stronger than expected 4.2 percent rise in like-for-like first-quarter revenue on Monday, helped by sales its consumer products division.
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Wetherspoon said it remained 'cautious' about the second half of the year as it expected higher costs in areas including pay, taxes and utilities and slower growth in like-for-like sales.
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LONDON, Jan 31 (Reuters) - British carpet and floor coverings retailer Carpetright reported a return to like-for-like sales growth in Britain in its third quarter, helped by a store refurbishment programme.
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Workspace, which primarily provides office space in London to small businesses, said like-for-like rent roll rose 5.5 percent to 13 million pounds ($64 million) in the six months ended Sept.
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Last week, Intu cut its full-year like-for-like net rental income growth forecast, citing the impact of this year's failure of a number of tenant businesses including House of Fraser.
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MILAN, Aug 1 (Reuters) - Italian largest commercial broadcaster Mediaset reported a 2.4% fall in domestic advertising sales in the first half on a like-for-like basis, it said in a statement.
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"For 2016, rental income like-for-like is expected to continue to grow and additional synergies will also be delivered," Klepierre, which joined the CAC40 index in December, said in a statement.
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On the FTSE 250, Restaurant Group shares surged 12.2 percent - their biggest rise in two years - after saying like-for-like sales rose 2.8 percent in the 10 weeks to March 10.
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The firm, whose fortunes are closely tied to the strength of the housing market, said like-for-like sales in its UK division rose 0.8 percent in the 25 weeks to Oct.
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On a per pub basis, operating performance has improved recently, and group core estate like-for-like net income grew 1% in the financial year ended August 2016 and 0.3% in FY5003.
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Reuters reports that retail sales values slid by an annual 4.303% on a like-for-like basis, which strips out changes in store size, compared to a 1.9% rise in September. 8.
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In like-for-like terms, which smoothes out changes in the amount of retail space, sales fell by 3.0% in May, the biggest fall since the end of 2008, excluding Easter periods.
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"Ultimately, users are deeper than the glossy or like-for-like images that pervade their feeds," said Clare Acheson, a branding strategist with Trout Creative Thinking, an advertising agency in Melbourne, Australia.
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The company said the Letseng small diamond tender, which closed on Wednesday, realised $7.8 million, 18% below the like-for-like prices reached in the previous tender held in November last year.
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Dixons Carphone which trades as Currys, PC World and Carphone Warehouse in Britain, said like-for-like sales in the UK & Ireland electricals division rose 2% in the 10 weeks to Jan.
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Dixons Carphone which trades as Currys, PC World and Carphone Warehouse in Britain, said like-for-like sales in the UK & Ireland electricals division rose 13% in the 10 weeks to Jan.
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The BRC said like-for-like sales - which strip out changes in retail floor space from one year to the next - fell by an annual 1.2% in the combined November-December period.
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Like-for-like sales should be supported by initiatives to enhance the product offering and services, including in-store snack bars, selected wine offers, more frequent innovation and a new loyalty programme.
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WPP reported fourth-quarter like-for-like net sales growth of 4.9 percent, the strongest quarter of the year, giving it a full-year figure of 3.3 percent, slightly ahead of forecasts.
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They include: - like-for-like sales growth in the low single digits over 2017-2020; - EBIT margin trough at 2.5% in 2017, growing back to 3% in 2018 with limited increase thereafter.
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For M&S', Britain's most famous stores group, analysts are on average forecasting a fall of 1.6 percent in like-for-like clothing and homeware sales for its third quarter to Dec.
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First-half operating profit reached 13 billion euros ($2 billion), a like-for-like rise of 7.3 percent, which was above a company-compiled median of analyst estimates for 1.646 billion euros.
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L'Oreal, the world's biggest cosmetics firm, said group sales grew 6.8 percent from a year earlier on a like-for-like basis, which removes the effect of currency swings and acquisitions or disposals.
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It was on track for its best day since February 2009 after second quarter like-for-like sales beat estimates, helped by better-than-expected growth in its infant and child nutrition business.
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M&S, one of the best known names in UK retail, said like-for-like clothing and homeware sales fell 1.2 percent in the 13 weeks to July 1, its fiscal first quarter.
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The French firm said revenues rose 11.4 percent to 7.6 billion euros ($8.58 billion), up 7.7 percent on a like-for-like basis, that strips out the effect of currency swings and acquisitions.
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First-quarter revenue rose 16 percent to 12.5 billion euros ($14.10 billion), up 11 percent on a like-for-like basis, which strips out currency swings and the impact of acquisitions or disposals.
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In February, Delivery Hero reported a 60 percent increase in 2017 sales on a like-for-like basis to 544 million euros, with growth particularly strong in the Middle East and North Africa.
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The group, whose attempt to be taken over by rival Sainsbury's was blocked by Britain's regulator last month, said on Thursday its like-for-like sales fell 1.1% in its fiscal first quarter.
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Group sales growth between April and June slowed slightly from the pace of 13 percent in previous three months to 11 percent on a like-for-like basis, which strips out currency swings.
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"Whilst the stock has already been weak into results, we believe the slower LFL (like-for-like) growth, weaker profit growth and store opening run-rate will be a concern," said UBS analysts.
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This resulted in like-for like sales in its health business falling 1%, even as sales of its over-the-counter products, such as Mucinex cough medicine, rebounded after several quarters of decline.
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Since the start of the new financial year, like-for-like sales were up 2.8 percent, it added, despite consumers having appeared more reluctant to spend discretionary income ahead of the UK referendum.
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One high-street tracker, BDO, recorded its worst October for a decade; the British Retail Consortium, a lobby group, recorded a 1% drop in like-for-like sales compared with the previous year.
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"We have had a solid start to the year with further sales growth despite an ongoing sector trend of subdued footfall, which impacted the like-for-like performance," Chief Executive Karen Hubbard said.
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Jenisch also confirmed LafargeHolcim's targets for net sales growth of 4 to 6 percent in 2018 and increasing recurring EBITDA by 3 percent to 5 percent, both on a like-for-like basis.
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Ericsson, which is also cutting costs and has just sacked its chief executive, reported last month its quarterly like-for-like sales in its network unit fell 11 percent from a year ago.
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In France, where Carrefour makes 47 percent of its sales, like-for-like revenue fell 0.9 percent following 1.9 percent growth in the second quarter, with both hypermarket and supermarket sales turning negative.
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Like-for-like (LFL) sales in the UK fell by 10.5 percent in the fourth quarter, resulting in a 3.6 percent decline in full-year comparable sales for the market, the company said.
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The British company, led by founder and CEO Martin Sorrell, reported a 0.7 percent rise in like-for-like net sales growth, compared to a rise of 0.8 percent in the first quarter.
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The pizza delivery firm increased its like-for-like sales by 10 percent in Turkey and 28.9 percent in Russia, driven by online orders, which accounted for more than half of all deliveries.
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Chief Executive Wilf Walsh said the group's trading performance over the last four weeks, with like-for-like growth of 6.8 percent, gave him confidence that the group's turnaround strategy was on track.
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Sales came in at 1.216 billion euros ($1.36 billion) for the full financial year, which ended on March 203, a like-for-like rise of 7.8 percent, broadly in-line with analyst estimates.
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AB InBev reported that fourth quarter core profit (EBITDA) grew by 6.6 percent on a like-for-like basis to $4.31 billion, against the median forecast in a Reuters poll was $4.73 billion.
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Group sales totaled 22016 million euros ($453 million) in the three months to June 245, flat on a like-for-like, year-on-year basis, and below analysts' expectations of 220 percent growth.
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Greggs, which has transformed itself from a traditional bakery business into a broader takeaway food chain, said on Tuesday like-for-like shop sales rose 281.9 percent in its fourth quarter to Dec.
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OVS, which was listed in 2015 after being spun off from retailer Coin, had reported on Wednesday a 11 percent fall in like-for-like sales in the period between August and October.
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JD Sports' total like-for-like sales grew more than 5 percent across its global stores, excluding recent acquisitions in the United States and Spain, for the 48-week period to Jan 5.
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The group, which makes some two-thirds of its revenue in the United States, said like-for-like sales there rose by 2.3 percent after a 1.7 percent expansion in the third quarter.
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Strip out the UNA trades, however, and the rate of growth was only 1.2 percent - and that includes one month, January, of UNA volumes, meaning like-for-like growth was even more marginal.
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Its like-for-like sales grew 7 percent, against 3 percent the previous quarter, helped by the success of Tag Heuer's repositioning and connected watch as well as solid demand for Bulgari jewellery.
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The company said on Tuesday that publicity around the meat substitute had helped attract more customers, boosting like-for-like sales by almost 10 percent in the first seven weeks of the year.
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That helped boost overall sales at the firm, up 7.7 percent like-for-like and head of forecasts for a 6.4 percent rise, and which came in at 7.1 billion euros ($8.1 billion).
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Group sales reached 218.6 million euros ($240.68 million) in the three months to June 30, flat on a like-for-like, year-on- year basis, and below analysts expectations of 1.5 percent growth.
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The Iberia-LATAM region registered a 22.4 percent increase in like-for-like revenue growth while revenue in English-speaking markets and the Asia-Pacific, the company's largest region, grew by 1.6 percent.
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First-half operating profit before one-offs rose 12.6 percent on a like-for-like basis to 1.71 billion euros ($1.91 billion), above the average 1.67 billion euro expectation in a Reuters poll.
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However, the company said its total sales in the first eight weeks of the new financial year rose 3.6 percent and retail like-for-like sales, which includes e-commerce, gained 3.9 percent.
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It does not break out sales in China, but its Asia-Pacific division had revenues of 7.4 billion euros in 2018, up 24.1% on the previous year, on a like-for-like basis.
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However, UK like-for-like sales were hurt by unseasonable weather in May which contrasted to last year when Britain enjoyed a heatwave and major events including a royal wedding, which boosted sales.
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The company said in a presentation for investors its sales in the first two and a half months of 2020 were 18.2% higher year on year, while like-for-like sales increased 13.1%.
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In LVMH's core fashion and handbags division, home to Vuitton and other big brands such as Christian Dior, sales held up well in the quarter, expanding 15% on a like-for-like basis.
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The company reported on Thursday fourth quarter revenue of 2225 billion euros, up 2100% like-for-like, and announced it expected for full year 240 recurring operating income of about 2.09 billion euros.
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French spirits group Remy Cointreau posted a worse-than-expected 11.3% fall in third quarter like-for-like revenues, as demand for cognac in Hong Kong was impacted by protests in the region.
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AccorHotels, Europe's largest hotel company, posted a forecast-beating 2300 percent rise in like-for-like operating profits for 225, helped by cost controls and robust demand in all key regions except Brazil.
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French corrective eye lens maker Essilor said on Thursday that revenue rose 06003 percent like-for-like in the first quarter, helped by growing demand for lenses in India, China and Latin America.
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The firm, which sells everything from furniture to electricals to food, said on Friday like-for-like sales in its core B&M UK business rose 0.3% in the 13 weeks to Dec.
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The company's system sales, which comprise corporate and franchise, rose to 1.13 billion Turkish lira ($211 million), helped by like-for-like growth of 9.3 percent in Turkey and 16 percent in Russia.
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The company previously said it expected to cut between 1,500 and 2,000 jobs on a like-for-like basis in 2019, as a part of the 4,000 cuts to 2020 announced last year.
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Operating profit for the year ended March 31 rose 6 percent on a like for like basis to 178 million euros ($203 million), beating the consensus market forecast for growth of 3.6 percent.
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Metro took an impairment of 385 million euros for Real for the first nine months of its 2018/19 fiscal year, when the hypermarket chain saw like-for-like sales fell by 0.8%.
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A 22018% fall in first half profit at Kingfisher underlined the task Garnier faces, particularly in France, where like-for-like sales fell 219%, and at B&Q, where they were down 3.2%.
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The group, whose main businesses are B&Q and Screwfix in Britain and Castorama and Brico Depot in France, said like-for-like sales fell 2693% in its third quarter to Oct. 193.
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MILAN, Feb 7 (Reuters) - Italian travel caterer Autogrill tweaked its 0.423 guidance after reporting an increase in its full-year preliminary sales of 3.5 percent on a like-for-like basis last year.
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The company reported core underlying operating profit of 33.2 million pounds, compared with a loss of 35.7 million pounds a year earlier, while core like-for-like sales fell 1.6% in the year.
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KEY ASSUMPTIONS Fitch's key assumptions within our rating case for the issuer include: - moderate like-for-like sales growth driven by management's initiatives to support French like-for-like sales in a highly competitive environment, and cautious expansion pace; - EBITDA margin sustainable at 14.2% over FY18-FY20; - capex average 3% of sales per annum, reflecting continual investments in store remodelling, IT, as well as moderate expansion through owned stores; - no dividend payments; - average annual FCF at 3.8% of sales over FY18-FY19.
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Both the Huawei P10 and OnePlus 5 have an unmistakeable iPhone feel to their designs, both have dual cameras like the premium iPhone, and the OnePlus system is basically a like-for-like ripoff.
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In Southern Africa, its biggest market, turnover increased 7.7 percent, while on a like-for-like basis, sales increased by 7.6 percent, "reflecting the weak consumer spend," the group said in its trading update.
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Kingfisher rose 3.2 percent, among top gainers after the owner of the B&Q chain reported a 3.6 percent increase in like-for-like sales in the first three months of its financial year.
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The maker of Garnier shampoo and Maybelline make-up said sales in its consumer products division rose 1.4 percent on a like-for like basis, while revenues in its professional unit fell 1.8 percent.
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The retailer, which is 24 percent-owned by its German peer Ceconomy, reported a 5.8 percent rise on a like-for-like basis in its quarterly revenues which came in at 1.79 billion euros.
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It narrowed its full-year sales growth target on Wednesday after reporting its weakest quarterly like-for-like sales gain since 24, and the poorest performance of Chief Executive Rakesh Kapoor's five-year tenure.
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Credit Suisse analysts said fourth quarter like-for-like sales growth of 1% was below the consensus forecast of 2%, but welcomed a reiteration of sales and profit guidance for the current financial year.
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L'Oreal said revenue reached 7.9 billion euros ($8.67 billion) in the October to December period, up 11.4% on a reported basis and rising 9.6% like-for-like, which strips out acquisitions and currency swings.
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Outside of the blue chips, pizza delivery firm Domino's Pizza fell 13.2 percent after reporting results, with analysts focusing on weak like-for-like sales growth figures for the first nine weeks of 2017.
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Operating profit grew by 0.3% on a like-for-like basis to 1.78 billion euros ($1.98 billion) in the first half, missing analysts' estimate of 1.92 billion euros, according to IBES data from Refinitiv.
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The firm said in Britain like-for-like sales at its B&Q business slumped 9 percent in the three months to April 30, while growth at the Screwfix chain slipped to 3.6 percent.
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German retailer Metro reported a 0.1 percent rise in like-for-like sales in its fiscal first quarter that includes the important Christmas period, with performance particularly strong at its core businesses in Germany.
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Convenience retailer McColl's shares jumped 10.7 percent after saying it was on course for higher like-for-like sales in the first quarter and Petra Diamonds added 8.4 percent after naming a new CEO.
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