Consumer
M.P. Evans Group Reports 8% Growth in Fresh Fruit Bunch Crop and Strategic Acquisition Boost
June 14, 2024 08:13 AM BST| By Team Kalkine MediaM.P. Evans Group PLC has reported an 8% increase in the total crop of fresh fruit bunches (FFB) processed in the first five months of 2024. The Group processed 631,400 tonnes of FFB up to May 31, 2024, compared to 584,400 tonnes during the same perio...
Safestay Expands with New Acquisition in Brighton
June 07, 2024 07:57 AM BST| By Team Kalkine MediaSafestay (,AIM: SSTY,),, the renowned owner and operator of contemporary hostels worldwide, has announced the acquisition of a freehold property in central Brighton from the University of East Sussex. This purchase, made by Safe Hostels Ltd, a wholly...
Hargreaves Services (AIM: HSP) Reports Strong Year-End Performance Across Key Divisions
June 06, 2024 08:32 AM BST| By Team Kalkine MediaHargreaves Services plc (,AIM: HSP,), a diversified group delivering services to the industrial and property sectors, is pleased to provide an update on trading ahead of its preliminary results for the year ended 31 May 2024. The Board expects to rep...
Marks and Spencer’s FY 2024 Results Indicate Strong Growth and Future Potential
May 24, 2024 02:09 PM BST| By Team Kalkine MediaMarks and Spencer Group Plc (M&S) has announced its full-year financial results for the 52 weeks ending March 30, 2024, marking another year of strong financial performance and significant progress in its strategic reshaping. The company reported a p...
Airbus to Launch Tech Hub in Japan to Drive Aerospace Innovation
May 24, 2024 02:08 PM BST| By Team Kalkine MediaAirbus has unveiled plans to establish a new Tech Hub in Japan, a strategic move aimed at fostering partnerships and advancing research, technology, and innovation in the aerospace sector. This initiative is designed to prepare for the next generatio...
How Is Inchcape plc's Share Price Performing?
April 19, 2024 12:48 PM BST| By Team Kalkine MediaIn the dynamic world of stock investing, identifying opportunities that offer both growth potential and value is paramount. Inchcape plc,(,LSE:INCH,),, while not a large cap stock, has garnered attention with its commendable share price growth of 17%...
Halfords Group (LON:HFD) is raising its dividend to £0.07.
August 02, 2023 07:15 AM BST| By Team Kalkine MediaHalfords Group, a prominent consumer stock listed on the London Stock Exchange (LSE), has announced a dividend increase to £0.07 per share.,As an LSE consumer stock, Halfords Group (,LON:HFD,) operates in the consumer discretionary sector, which incl...
Profit Growth Continues for UK's Frasers Group in 2023
July 28, 2023 07:00 AM BST| By Team Kalkine MediaIn 2023, London-based Frasers Group (LON: FRAS), are experiencing a remarkable year as their profit growth trend shows no signs of abating. Despite the challenging economic landscape, this group of,LON consumer stocks,has managed to navigate through...
Questioning the Premium: Intrinsic Value Estimate Suggests Persimmon Plc (LON: PSN) Shares Could Carry a 26% Overvaluation
July 03, 2023 11:24 AM BST| By Team Kalkine MediaInvestors in Persimmon Plc (,LON: PSN),are beginning to raise questions about the premium attached to its shares. An analysis of the intrinsic value estimate reveals that Persimmon shares may be overvalued by as much as 26%. This evaluation prompts i...
JDW, MAB, IHG: Hospitality stocks to explore as Brits flock pubs
May 31, 2023 03:07 PM BST| By Manu ShankarHighlights According to Barclays data, the Brits spent approximately 27% more time in pubs and pitched tents over the weekend, ushering the restaurant business. As a result, spending on such camping and outdoor activities surged by 18% year-on-ye...
Stocks to watch amid UK's energy price drop talks
May 22, 2023 07:21 AM BST| By Manu ShankarHighlights Household energy bills are anticipated to drop to an average of £2,053 annually this summer. According to consultancy firm Cornwall Insights, the energy regulator Ofgem could reduce energy prices by as much as £446 under a new official...
Stocks to Explore as UK Consumer Confidence Improves
May 19, 2023 08:25 AM BST| By Manu ShankarHighlights The Gfk survey showcases a stark improvement in the Consumer Confidence Index as it improved to minus 27. This is a significant improvement considering the Consumer Confidence Index at the start of the year stood at minus 45. There wa...
PSN, RDW, TW: Stocks to watch for as Brits prefer to downsize their homes
April 11, 2023 12:54 PM BST| By Manu Shankar• A survey by estate agent Savills, representing 130 UK offices, observed that over 50% of Brits want to downsize their houses. • While having realistic pricing is important, there is still a significant shortage of bigger homes.
EZJ, WIZZ, IAG: Stocks to watch out as UK airline industry reduce APD
April 04, 2023 10:55 AM BST| By Manu Shankar• The UK airline industry announced a reduction of air passenger duty (APD) on domestic routes. • According to the official figures, the tax reduction fell from £13 to £6.50 per passenger on 1 April.
Stocks to watch as retail sales go up in December
January 13, 2023 06:15 AM GMT| By Rishika RainaEven amid the rising concerns regarding the escalating inflationary crisis on the high street, retailers in the UK witnessed a boost in their overall sales last month.
BOOM, LOOK, MEGP: Stocks to eye as Brits plan to cut down spending
December 31, 2022 10:00 AM GMT| By Team Kalkine MediaHighlights:,Two out of three consumers in the country have said they are thinking of slashing expenses that are not essential in 2023.,One in four said their expenses would stay the same as this year.,With the rising inflation and growing problems du...
Three retail stocks to explore in Q1 2023
December 21, 2022 01:26 PM GMT| By Rishika RainaRetail sales in the UK declined in November as online shopping took a hit regardless of Black Friday and the holiday festivities.
Hospitality stocks to eye amid Christmas booking cancellations
December 19, 2022 12:43 PM GMT| By Rishika Raina• UK hospitality businesses are anticipating the cancellation of approximately one-third of the bookings in the Christmas party period.
Food stocks to explore in December
December 06, 2022 01:01 PM GMT| By Abhishek SharmaHighlights:,According to Kantar, a traditional dinner will cost 9.3% more this year due to the skyrocketing prices of food items.,For the first time ever, sales are on course to top £12 billion this month.,Even as the rise in grocery prices has start...
Which stocks to eye as food inflation climbs to 14.3% in November?
November 30, 2022 02:01 PM GMT| By Abhishek SharmaHighlights:,Prices for fresh food in the country saw the fastest jump since the records began.,Shop price inflation was recorded at 7.4%, higher than the 6.6% recorded last month.,In what comes as another alarming sign of rising inflation and the dif...