FTSE LIVE: Fashion retailer Quiz warns on profits as High Street gloom continues; Greggs bakes up £1billion in sales; Countrywide losses widen
- Fashion retailer Quiz has warned over profits after a ‘significant shortfall’ in sales
- A new vegan sausage roll helped drive a surge in customer numbers at Greggs
- Losses have widened at struggling estate agency group Countrywide
Fashion retailer Quiz became the latest firm to issue a profit warning today after its store sales tumbled more than 11 per cent since the start of the year. It is the company’s second profit warning in as many months.
Sales at Greggs have topped £1billion for the first time last year as the launch of its vegan sausage roll helped drive a surge in customer numbers.
Struggling estate agency Countrywide has warned that Brexit will knock its performance this year as the firm posted widening full-year losses.
The retail and property sectors are in focus today, with results from John Lewis due later too