Hotel Chocolat’s online surge

Sales are booming at Hotel Chocolat (LON:HOTC) with much better sales than at the same time in 2019 and the full year outcome will be significantly better than expected. The chocolatier has added one million customers to its database over the past 12 months.

Online and subscription sales are offsetting the loss of sales on the high street and this has led to a profit forecast upgrade.

The rating continues to be sky high on a short-term outlook, but it should come down rapidly.

Sales

Sales in the eight weeks to 25 April were nearly one-fifth higher than in same weeks in 2019. The f...

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