Dad's Pies Limited

We have a brand story regarding super cool, I don't know, I wouldn't call them a startup because they're already, Simone lets me know that they're already a love brand, but they've just opened up a new store in Manchester.

Then we have a nice trading update from Associated British Foods, the owners of Primark.

Then we have a little discussion around Sainsbury's and two.

So we won't go too much into that.

As I said, we'll get the guys' thoughts on that in the second half of the program.

We're also gonna be talking about the twenty-fifth anniversary of 9/11, and we will be, um, after announcement from Associated British Foods, the owner of Primark, that, um, the last holdout really to online shopping on the High Street, Primark, is gonna go online.

We'll be chatting about that in the second half of the program, too.

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I know there's plenty on Five Live Breakfast to come as well.

Just gone ten minutes to six here then on Wake Up to Money.

Uh, if you were listening to Shaun a little bit later on in the morning yesterday, you'd have heard him talking about this interesting line that appeared in the financial results for, of Associated British Foods, the parent company of Primark, because the high street store would... has been a long-term holdout on the idea of selling online.

Not for much longer.

This was by Kelly Cloonan.

Amy Look offers that AB Foods, Associated British Foods, shares slid after the conglomerate cautioned on the outlook for its sugar and grocery units ahead of the planned split of its food operations and fashion arm, Primark.

Shares in AB Foods fell seven point nine percent in London on Thursday, taking the stock's year-to-date loss to nearly thirteen percent.

AB Foods, home to Twinings Tea and Patak's Spices, said it foresees an adjusted operating loss for its sugar unit in the year to September twenty twenty-seven to be in the range of seventy million to one hundred and seventy million pounds, ninety-four point eight million to two hundred and thirty point three million dollars, with losses deep- with losses deepening compared with what it expects for the current fiscal year.

Amy Look offers that AB Foods...

Associated British Foods shares slid after the conglomerate cautioned on the outlook for its sugar and grocery units ahead of the planned split of its food operations and fashion arm Primark.

Shares in AB Foods fell 7.9% in London on Thursday, taking the stock's year-to-date loss to nearly 13%.

AB Foods, home to Twining's Tea and Patak's Spices, said it foresees an adjusted operating loss for its sugar unit in a year to September 2027 to be in the range of 70 million to 170 million pounds, 94.8 million to 230.3 million dollars, with losses deepening compared with what it expects for the current fiscal year.

no not so great so we had two the shares went down was curries and fever tree pretty decent updates from both but i think sort of absence of upgrades probably uh accounts for the share price falls.

But the big casualty was Associated British Foods.

Now, this one, Primark, the like-for-like sales guidance missed estimates.

The rest of the division seemed to be struggling.

So those are the commentary points that investors, I think, are going to be looking at tonight.

And James, more retailers for you? Yeah, so we've got Associated British Foods tomorrow.

So all eyes on Primark, particularly given the other sort of fast fashion flop of Sheen last week, the IPO.

Also, the sugar business is normally sort of quite interesting.