ScS blames international supply chain issues as it slips to loss


ScS has slipped into the red, blaming international supply chain issues for its subdued revenues and profits.

For the 26 weeks to January 29, ScS reported a loss before tax of £3.6m and an operating loss of £1.8m. The retailer also reported a 4% drop in revenues to £146m and a 5.3% slip in gross sales to £152m.

EBITDA was £12m, down £21m year on year, while its gross margin slipped 1.3% to 45%. 

Despite the subdued half-year results, ScS said it was confident of delivering profitable full-year results in line with market expectations.

Subscription content

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

Retail Week

Register for free to continue reading 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:

  • Two free article views per calendar month on
  • 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.