Mountain Warehouse eyes store expansion as profits grow

Mountain warehouse richmond

Mountain Warehouse has posted its 22nd year of consecutive sales growth and committed to investing in its bricks-and-mortar presence, both in the UK and internationally.

The outdoor specialist saw its pre-tax profit soar 14% to £23.7m in the year to February 24, driven by like-for-like and total sales growth of 5.3% and 13% respectively.

The retailer opened a total of 48 net new stores and a shared service centre creating over 500 jobs during the period in the UK as well as in Poland, the US and New Zealand.

It has pledged to open a further 50 stores this year, creating 550 new jobs, and will open 10 more branches of its gift chain Neon Sheep.

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