Category : Search result: record profit


Upscale restaurant reveals tiny profit margins

A celebrity chef's Chicago steakhouse reveals a mere 5% profit margin on a £400 meal, highlighting soaring beef prices and post-pandemic costs for UK restaurant owners to note.

Everyman boss departs weeks after profit alert

Everyman Media Group's CEO Alex Scrimgeour has left the boutique cinema chain. The exit follows a recent profit warning and a 76% share price plunge over five years. Read the full story.

Gold & Silver Hit Records as Asian Markets Mixed

Gold and silver prices surged to historic highs while Asian shares were mixed. Tokyo's Nikkei 225 neared a record after Japan approved a massive defence budget. Read the full market analysis.

UK on track for warmest year ever in 2025

Provisional Met Office data shows 2025 is poised to be the UK's warmest year on record, surpassing 2022. Discover the climate trends reshaping Britain's weather.

10.25lb Canary Rockfish May Break World Record

A Mendocino County angler's massive 10.25lb canary rockfish, caught off the Californian coast, is set to challenge longstanding state and world records. Read the full story.

Couple's £2.5m profit on rebuilt Cornish bungalow

A savvy couple are selling their rebuilt Polzeath property for £4m, a £2.5m profit. The controversial three-storey home boasts five ensuite bedrooms and stunning sea views. Read more.

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.

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