Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
PINE, BOH and ASBFY made it to the Zacks Rank #1 (Strong Buy) income stocks list on February 26, 2026.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Primark sales rose 1% for the first quarter quarter ending Jan. 3, compared with a year earlier, dropping 2.7% on a constant-currency basis.
Associated British Foods , which warned on profit earlier this month, confirmed on Thursday that underlying sales at its Primark clothing business fell 2.7 % in the Christmas quarter.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Associated British Foods plc (ASBFY) Q1 2026 Sales/Trading Call Transcript
Primark's stronger performance in the U.K. was partly offset by weaker sales in continental Europe.
Associated British Foods operates as a conglomerate, but this obscures the strength of Primark, its clothing retail division, responsible for 65% of group profit. Management are now seriously considering a spin-off of Primark, which seems very likely to unlock value for shareholders. Primark has a strong competitive position, significant scale ($12.8 billion in revenue) and is rapidly expanding into the United States.
Associated British Foods plc (OTCPK:ASBFY) Q4 2025 Earnings Call November 4, 2025 4:00 AM EST Company Participants Michael George McLintock George Weston - CEO & Executive Director Joana Edwards - Interim Finance Director Eoin Tonge - Executive Director Conference Call Participants Warren Ackerman - Barclays Bank PLC, Research Division Adam Cochrane - Deutsche Bank AG, Research Division Richard Chamberlain - RBC Capital Markets, Research Division Geoff Lowery - Rothschild & Co Redburn, Research Division Clive Black - Shore Capital Group Ltd., Research Division Monique Pollard - Citigroup Inc., Research Division Alexander Richard Okines - BNP Paribas, Research Division Sreedhar Mahamkali - UBS Investment Bank, Research Division Presentation Michael George McLintock Okay.
With operating profits of £1.7 billion last year, a sale of Primark may unlock significant value for Associated Britshs Foods.