THE RETAIL BULLETIN - The home of retail news
HOME
RETAIL EVENTS
Christmas Ads
Department Stores
Electricals & Technology
Entertainment
Fashion
Food & Drink
General Merchandise
Grocery
Health & Beauty
Home & DIY
Interviews
Property
Retail News
Shopping Centres, High Streets & Retail Parks
Sports & Leisure
RETAIL INSIGHTS
RETAIL SOLUTIONS
ABOUT
CONTACT
SUBSCRIBE FOR FREE
Very Group posts strong quarterly results

Very Group has posted strong quarterly results with group sales rising by 3.9% to £484.1 million. In the 13 weeks to 2 October, sales at Very… View Article

GENERAL MERCHANDISE

Very Group posts strong quarterly results

Very Group has posted strong quarterly results with group sales rising by 3.9% to £484.1 million.

In the 13 weeks to 2 October, sales at Very increased by 9.6% to £403.8 million, although sales at Littlewoods declined by 17.7% to £80.3 million.

The group said the biggest sales growth was seen in the fashion and sports category where sales were up 14.5% after trade was boosted by a strong performance from womenswear high street brands and casual wear for men and women.

EBITDA before exceptional items was also up, rising to £70.1 million from £57.6 million in the previous year.  Meanwhile, pre-tax profit came in at £13.5 million compared to £8.6 million a year ago.

Email this article to a friend

You need to be logged in to use this feature.

Please log in here

Subscribe For Retail News