AB Foods still sees lower FY earnings; Primark Q3 LFL sales fall 2.2%
1st Jul 2026 07:19
(Sharecast News) - Primark owner Associated British Foods said it still expected lower earnings this year as its struggling sugar division expected losses to widen and market conditions to further deteriorate, sending its shares lower in London trade.
Read moreCMA clears AB Foods' acquisition of Hovis
16th Jun 2026 11:53
(Sharecast News) - The Competition and Markets Authority has cleared Associated British Foods' £75m acquisition of Hovis.
Read moreAB Foods to demerge Primark after review
21st Apr 2026 07:00
(Sharecast News) - Associated British Foods on Tuesday said it planned to demerge its Primark retail clothing business from its food operations and list both entities in London and warned of tougher consumer markets ahead due to the US-Israeli war on Iran.
Read moreRBC Capital downgrades AB Foods, cites pressure on Primark
13th Apr 2026 12:27
(Sharecast News) - RBC Capital Markets downgraded Associated British Foods on Monday to 'underperform' from 'sector perform' and slashed the price target to 1,850p from 2,050p, sending shares in the Primark owner sharply lower.
Read moreAB Foods appoints Eoin Tonge as permanent Primark CEO
5th Mar 2026 07:38
(Sharecast News) - Primark has appointed Eoin Tonge as its CEO on permanent boss with immediate effect and created a chief commercial officer role for the clothing chain as it mulls a possible spinoff.
Read moreAB Foods confirms LFL sales decline at Primark
22nd Jan 2026 07:59
(Sharecast News) - Associated British Foods confirmed on Thursday that like-for-like sales at Primark fell 2.7% in the 16 weeks to 3 January, while group revenue was steady.
Read moreBroker tips: AB Foods, M&S, Prudential
9th Jan 2026 12:17
(Sharecast News) - Shore Capital downgraded Associated British Foods on Friday to 'hold' from 'buy' after the Primark owner's profit warning a day earlier.
Read moreShore Capital downgrades AB Foods after profit warning
9th Jan 2026 11:00
(Sharecast News) - Shore Capital downgraded its stance on Associated British Foods on Friday to 'hold' from 'buy' after the Primark owner's profit warning a day earlier.
Read moreUK's CMA ramps up probe into ABF Hovis takeover
8th Jan 2026 12:23
(Sharecast News) - Britain's competition watchdog on Thursday said it was fast-tracking its probe into the takeover of Hovis by Kingsmill owner Associated British Foods at the request of both parties.
Read moreAB Foods warns on profits due to weak Primark, US foods sales
8th Jan 2026 07:02
(Sharecast News) - Associated British Foods cuts its profit outlook on Thursday due to weaker performances at its Primark retail chain and US foods operations, sending shares in the conglomerate more than 11% lower.
Read moreJefferies downgrades Tesco, Next, AB Foods
15th Dec 2025 08:01
(Sharecast News) - Jefferies adjusted its ratings on a host of UK retail stocks on Monday, having updated its consumer disposable spend forecasts for 26/27.
Read moreAB Foods mulls split of Primark, food businesses
4th Nov 2025 07:03
(Sharecast News) - Associated British Foods is mulling a split of its Primark and food businesses under a review of its group structure currently underway, the company said on Tuesday.
Read moreLondon close: Stocks rise as BoE keeps rates on hold
18th Sep 2025 17:41
(Sharecast News) - London stocks ended higher on Thursday, as investors digested the Bank of England's decision to leave interest rates unchanged, following the US Federal Reserve's move to cut rates.
Read moreShore Capital still sees upside at AB Foods despite recent woes
18th Sep 2025 11:44
(Sharecast News) - Shore Capital has kept a 'buy' rating on Associated British Foods despite a "mellow" trading update from the food and retail company last week, saying that it still sees upside following a disappointing run in the shares so far this year.
Read moreCMA seeking views on AB Foods' acquisition of Hovis
18th Sep 2025 10:11
(Sharecast News) - The Competition and Markets Authority said on Thursday that it was seeking views on Associated British Foods' planned acquisition of Hovis.
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