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20.10.25 - 09:54
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B&M ousts finance chief as it warns again on profits after £7m accounts error (The Guardian)
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Discount retailer looks for successor for Mike Schmidt, who is stepping down as chief financial officerBusiness live – latest updatesThe discount retailer B&M has ousted its finance chief after reporting a £7m accounts blunder that will cut its annual earnings – its second profit warning within two weeks.The company told investors it looking for a successor to Mike Schmidt, who is stepping down as chief financial officer, after the accounting error. Continue reading......
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04.06.25 - 13:30
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B&M sales and profits fall as lower-income consumers miss out on pay rises (The Guardian)
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Firm also blames 'challenging UK retail trading environment' , with shares falling 7% in early tradingLower-income consumers missing out on wage rises have been blamed by one of Britain's biggest discount retailers for a slide in its sales and profits.B&M, which issued a profit warning in February, said consumers had been more cautious about their spending over the past year. Continue reading......
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15.04.25 - 09:01
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B&M European Value Retail Annual Revenue Rises (AFX)
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LONDON (dpa-AFX) - B&M European Value Retail S.A. (BME.L), a variety goods retailer, said on Tuesday that it has registered an increase in revenue for the full year, with revenue growth from new s......
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