B&M posts ‘record-breaking’ sales

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”

Subscription content

Please sign in now if you have a subscription

Retail Week

Register 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.

Register today for a taste of our high-quality intelligence and enjoy:

  • 3 free articles a 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.