Bonmarché like-for-likes rose 10.4% in its full-year to March 29 as it revealed its financial performance is expected to be ahead of expectations.
The value fashion retailer recorded total sales for the year jumped 11.8%. Online sales soared 84.2% in the period.
For the 13 weeks to March 29 Bonmarché posted like-for-like sales up 13.5% and total sales up 15.7%. Online sales surged 72.8%.
Bonmarché said: “The board is pleased with the current year’s performance, and anticipates that the outcome will be slightly ahead of its expectations.”
It added that its financial position was “sound” and it enters the new financial year with a clean stock position.
Bonmarché chief executive Beth Butterwick said: “I am delighted with our performance, particularly with this being our first year-end as a listed company. The growth driven though product, stores and multichannel initiatives, demonstrates our customers’ positive reaction to our strategy.”
Bonmarché’s full-year results are scheduled to be published on June 13.
The retailer floated on the stock market in November last year.