Mountain Warehouse to ramp up store expansion following record sales
Outdoor clothing retailer Mountain Warehouse is accelerating the pace of store openings after posting a record sales peak.
The group recorded a 22.6% rise in revenue to £371m in the 12 months to the end of February 2023, which the retailer said was the “highest in the company’s 26-year history”.
It made a £1.5m loss due to “soaring freight and energy costs” but saw record first-half sales of £171m and underlying profit of £6.7m in the six months to the end of August 2023.
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