Category : Search result: Kingfisher profit


HP to Cut 6,000 Jobs in AI Restructuring Plan

HP announces up to 6,000 job cuts worldwide as it embraces AI to accelerate innovation. The move comes alongside a lower profit outlook and aims to save $1bn annually.

S4 Capital and M&C Saatchi Issue Profit Alerts

Sir Martin Sorrell's S4 Capital and rival M&C Saatchi see shares hit record lows after slashing profit forecasts. Discover the reasons behind the advertising sector's downturn.

Walmart profit soars as shoppers seek deals

Walmart exceeds profit expectations as budget-conscious Americans flock to the retailer. The company also announces a stock exchange move to Nasdaq. Discover the full story.

Target's profit slides 19% ahead of holidays

Target's third-quarter profit fell 19% as high inflation deters shoppers. The retailer anticipates a weak holiday season. Discover the challenges facing the new CEO.

WH Smith CEO quits after US profit warning

WH Smith CEO Carl Cowling steps down following a £50m US accounting error. Interim leader appointed as profits plummet. Read the full story on the retail giant's crisis.

WH Smith CEO steps down in US accounting probe

WH Smith CEO Carl Cowling resigns after a Deloitte probe uncovers a £50m profit overstatement in its US division. The group issues another profit warning. Read the full story.

M&S shares suffer worst day since pandemic

Marks & Spencer shares experienced their sharpest decline since March 2020 after the retail bellwether warned of weaker profits, sending shockwaves through the UK retail sector.

Aston Martin profit warning over Trump tariffs

British luxury car manufacturer Aston Martin faces significant financial headwinds from Trump-era tariffs and supply chain issues, prompting profit warnings and strategic reviews.

Jimmy Wales: The non-profit tech baron

In an exclusive interview, Wikipedia founder Jimmy Wales reveals how his non-profit model once made him appear 'communist' and why he remains tech's most unconventional billionaire.

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