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Profit alerts by retailers increase as spending cut
The Journal
|July 21, 2025
PROFIT alerts among retailers more than doubled in the second quarter as consumers reined in their spending and firms faced soaring wage costs, according to a report.
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The latest report from EY-Parthenon also revealed that overall profit warnings among UK-listed firms jumped by a fifth year-on-year in the second quarter - with a record proportion citing policy changes and geopolitical uncertainty as the leading factor.
The data showed that seven UK-listed retailers, including supermarkets, cut profit guidance between April and June.
This story is from the July 21, 2025 edition of The Journal.
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