B&M posts ‘record-breaking’ sales

By Leanne Carr2019-07-24T06:17:00

B&M has posted increased sales during its first quarter which boss Simon Arora hailed as its “third consecutive record Easter trading period”.

The value retailer registered a 21.4% increase in group revenue to £967.6m during the period from March 31 to June 29.

B&M UK like-for-likes increased 3.9% up from an increase of 1.6% for the same period last year as revenue grew 13.8% to £738.9m.

The groups convenience store chain Heron Foods revenue increased 8.1% to £93.1m during its first quarter and ”continues to trade well on top of good performance in the prior year”

Subscription content

Please sign in now if you have a subscription or are already registered with us.

Register for free to continue reading

Retail-Week.com provides premium, in-depth intelligence that helps retailers judge risks, spot opportunities and identify what they need to do to win in the digital economy.

Two free article views per calendar month on Retail-Week.com
Detailed analysis of current trends and events
Exclusive newsletters
In-depth reports, videos, interviews and much more

Discover Retail Week register now

Please note, if you have recently purchased a subscription, it may take a few minutes before your account is updated.