The Week Ahead: Will Primark and M&S have suffered from the warm weather?
Will Primark and Marks & Spencer have suffered from the recent warm weather like rivals? Both Next and Superdry warned of slowing sales, with the mild autumn putting people off buying coats and jumpers.
Primark-owner Associated British Foods delivers finals tomorrow and its budget fashion chain will be closely scrutinised, especially given that its sugar business is struggling.
Then on Wednesday Marks & Spencer delivers half-year figures. Numis’s Andrew Wade predicts sales at its general merchandise division will suffer.
Today brings full-year figures from the data centre provider Telecity and HSBC, with investors keeping a close eye on the bank following Standard Chartered’s profit warning.
Imperial Tobacco has full-year figures tomorrow, while Advanced Computer Software publishes half-year figures. 888 Holding, Glencore, Jardine Lloyd Thompson, Legal & General, One Savings Bank, Persimmon, UNITE and Weir are all due management updates.
First Derivatives, FirstGroup and Wincanton will publish half-year figures on Wednesday, while Lancashire Holdings has third-quarter figures.
Avocet Mining, Drax Group, esure, Hilton Food, Hunting, Marshalls, Meggitt, Old Mutual and JD Wetherspoon have management updates.
Thursday sees half-year numbers from Cable & Wireless Communications, Dairy Crest, Experian, Halfords, Shanks Group and Tate & Lyle. AstraZeneca, Coca-Cola HBC, Inmarsat and Randgold Resources all have third-quarter figures. And Beazley, Cobham, Costain Group, Croda, Hikma Pharmaceuticals, Intu Properties, Wm Morrison, Promethean World, Rightmove, RSA Insurance, Schroders and Stock Spirits Group all have management updates.DS Smith has a statement and easyJet has traffic stats.
National Grid bookends the week with is half-year results on Friday, while Admiral, Ark Therapeutics Group, Bovis Homes, Capital & Counties, Spirax-Sarco and Tullett Prebon all have management statements. Rentokil Initial has a trading statement.
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