General merchandise

B&M posts ‘record-breaking’ sales

By 2019-07-24T06:17:00

B&M Bargains

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”

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