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Associated British Foods 16-week Revenues Down
AB Foods sees analysts' profit view falling 2% after Primark sales downgrade
Associated British Foods expects analysts' consensus profit expectations for its 2024/25 year to fall about 2% after the group cut the sales outlook for its Primark clothing business, its finance chief said on Thursday.
FTSE 100 Live 23 January: AB Foods cuts Primark sales forecast, index seen lower
Primark generates about 45% of its sales in the UK and Ireland. AB Foods is now targeting low-single digit sales growth for Primark in 2025, down from mid-single digits forecast i
Associated British Foods 16-week Revenues Down; Cuts Primark Sales Growth Outlook
Associated British Foods PLC (ASBFY.PK, ABF.L) reported Thursday that its 16-week Group revenue dropped 2.2 percent from last year to
Primark cuts sales outlook after UK's weak Christmas quarter
Associated British Foods downgraded the annual sales guidance for its Primark budget clothing business on Thursday after disappointing results in the Christmas quarter in its main UK and Ireland market.
AB Foods Cuts Primark Growth Target on Weak Fall Sales
The conglomerate lowered its sales-growth expectations for Primark —its clothing retailer that accounts for the lion’s share of earnings—amid a challenging retail environment.
14h
Associated British Foods falls Thursday, underperforms market
Shares of Associated British Foods PLC ABF shed 2.97% to £18.80 Thursday, on what proved to be an all-around great trading ...
19h
on MSN
The Associated British Foods (ABF) share price dips after guidance cut. Time to buy?
Even the country's cut-price clothing stores are feeling the pinch, as the Associated British Foods' share price weakness ...
The Sunday Business Post
17m
Live News: Investors ‘falling out of love’ with Penneys; Ian Guider on DCC
To kick things off, have a read of Eoin O’Hare’s examination of Associated British Foods and how investors are ‘falling out ...
11h
Primark-Owner ABF Cuts Guidance on Tough UK Retail Market
Associated British Foods Plc cut guidance for sales growth at its Primark discount fashion retailer, blaming weak UK consumer ...
esmmagazine.com
21h
'If Primark Is Struggling, You Know The UK Retail Sector Is In Trouble': AJ Bell
Here's how analysts at AJ Bell, Barclays and Shore Capital viewed the company's first-quarter performance during the first ...
22h
Primark sales target slashed after 'challenging' Christmas for UK high street
Primark owner Associated British Foods has revealed a slump in sales in the UK in recent months amid continued pressure on ...
Marketing Week
19h
‘We’re not losing customers’: Primark affirms ‘belief’ in digital amid UK sales slip
Unseasonal weather and shaky consumer confidence has contributed to a dip in Primark’s UK sales. In a trading update for the ...
2d
Associated British Foods falls Tuesday, underperforms market
Associated British Foods PLC ABF shares slipped 2.65% to £19.49 Tuesday, on what proved to be an all-around positive trading ...
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