Ann Summers posts rise in sales in ‘year of two halves’

Ann-Summers-store

Ann Summers has posted a rise in sales during a financial year “of two halves” and confirmed plans to add new stores to its UK portfolio by the end of next year.

Ann Summers reported a 7.6% rise in sales year on year, from £93.2m to £100.1m, for the 52 weeks to June 25, 2022.

Gross profit for the period reached £60m, up from £50.9m in the previous full financial year, while operating profit was down from £3.5m to £1.2m.

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