White Stuff profits and sales rise in ‘strong’ year
White Stuff has reported a rise in both profits and sales in a “strong” year of growth for the fashion retailer in the early stages of its “ongoing business transformation”.
White Stuff posted EBITDA of £7m for the 52 weeks to April 29, 2023, up from £2.9m in the previous year, “when adjusted for non-recurring items” including Covid-related grants and business rate reliefs.
Total sales increased by 13.3% year on year to reach £151.4m, while total retail sales for the year were also up by 18.1% to reach a total of £73.9m.
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