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Festive Like-For-Like Sales Rise 1.1% at Robert Dyas

Robert Dyas Theo Paphitis Enfield store opening 725 x 500.jpg

During the six weeks to December 24th, the Theo Paphitis Retail Group - owner of Robert Dyas, Ryman and Boux Avenue - reported a 3.6% rise in LFL sales.

Group online sales grew 27.4% while sales at bricks and mortar store sales suffered a 1.1% decline.

- Robert Dyas’ LFL sales increased by 1.1%

- Boux Avenue LFL sales rose 8.1% overall, with 42.8% of sales coming from online.

Ryman's LFL sales rose by 3.9%

Full-year sales at Robert Dyas for the year ended March 31st 2018 reached £123.9m; a rise of 0.4%.  Like for like sales grew 2.7% during the period.

An operating loss of £780,000 was reported (previous year: profit of £713,000) and was attributed to a new warehouse and online investment.

Source : Insight DIY Team

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10 January 2019

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