skip to main content
  • *
  • *
  • *
Find Insight DIY on
* * *


B&M like for like sales up 6% in Q1

Value retailer B&M has reported that its UK like-for-like sales grew by 6% in its first quarter as it continued its store expansion programme.

In the 13 weeks to 28 June, UK total sales increased by 22.6% to £341.2 million. Across the group, sales rose by 31.9% to £367 million.

The company, which floated on the London Stock Exchange last month, said its UK business had benefited from a strong like-for-like performance as well as the planned opening of a net seven new stores.

Simon Arora, B&M chief executive, added: "The group's first quarter trading performance has been a strong one, demonstrating the continued popularity of our unique offer. Our like-for-like performance was driven by our strong product offering, growth in the average customer transaction value and the late Easter.”

Source: The Retail Bulletin

28 July 2014

Related News

view more UK DIY News

Thank you for the excellent presentation that you gave at Woodbury Park on Thursday morning. It was very interesting and thought-provoking for our Retail members. The feedback has been excellent.

Martin Elliott. Chief Executive - Home Hardware.

Don't miss out on all the latest, breaking news from the DIY industry