Price and cost-cutting measures at Ocado Group Plc helped its joint venture with Marks & Spencer Group Plc lure back customers, with the average shopping basket up 4% in the third quarter. The company reiterated guidance that it should return to marginal profit this year.
Kingfisher PlcThe owner of B&Q and Screwfix forecast adjusted pretax profit that fell short of analysts’ expectations. On the flipside, the company’s new £300 million share buyback program came in higher than some analysts had expected.
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