B&M revenues lift

B&M revenues have increased and the group increased its full-year expectations.

For the 13 weeks from 26 September 2021 to 25 December 2021, the retailer said that revenues increased 14%.

- Advertisement -

“Our decision to take receipt of imported Christmas stock early in the season meant we were able to provide customers with great products at great prices,” said Simon Arora, B&M chief executive.

“The consistency of performance in the core B&M UK business reflects the growing appeal of our stores as a destination visit for seasonal products, as well as the strength of our supply chain,” he added.

The boss said he expects difficulties in the year ahead including “ongoing supply chain disruption, inflationary pressures and uncertainty surrounding possible Covid-related restrictions.”

Latest News

More Articles Like This

[td_block_15 category_id="58276" f_header_font_family="450" f_ajax_font_family="450" f_more_font_family="450" mx4f_title_font_family="450" mx4f_cat_font_family="450" mx4f_title_font_weight="600"]