THE RETAIL BULLETIN - The home of retail news
Lest we forget
HOME
RETAIL NEWS
RETAIL EVENTS
Fashion
Department Stores
Shopping Centres & Retail Parks
Home & DIY
Electricals
Health & Beauty
General Merchandise
Entertainment
Sports & Leisure
Retail Solutions
Food & Drink
Interviews
RETAIL INSIGHTS
RETAIL SOLUTIONS
ABOUT US
CONTACT US
SUBSCRIBE FOR FREE
Dixons Carphone like-for-likes flat in first quarter

Dixons Carphone has reported that its UK and Ireland like-for-like revenue was flat in its first quarter.

ELECTRICALS

Dixons Carphone like-for-likes flat in first quarter

Dixons Carphone has reported that its UK and Ireland like-for-like revenue was flat in its first quarter.

In the 13 weeks to 28 July group like-for-like revenue was also flat which was in line with expectations.

Mobile like-for-like sales in the UK were down 1% in the period although the retailer said it maintained its leading share position.

There were also flat like-for-like sales in electricals as growth in the consumer electronics category, which was driven by the World Cup, was offset by softer trading in the white goods and computing categories.

Looking at the retailer’s international performance, like-for-like sales in Greece rose by 9% while like-for-likes in the Nordics region remained flat.

Alex Baldock, Dixons Carphone's recently appointed group chief executive, said: "First quarter performance was in line with expectations. We've maintained or grown our leading market positions, and our full year PBT guidance of around £300 million remains unchanged.

“We've made good progress in setting a clear long-term direction for the business, one that sharpens our focus on the core, and that better joins up both our offer to customers and our business behind the scenes."

The news follows the announcement of a drop in the retailer’s full year profit in June when Baldock said the company had “plenty of work to do” to improve its business.

Email this article to a friend

You need to be logged in to use this feature.

Please log in here

Subscribe For Retail News

RETAIL EVENTS

Omnichannel Futures Conference 2019
Omnichannel Futures Conference 2019
6 February 2019
Cavendish Conference Centre, London WG1 9DT
A truly omnichannel offering requires an understanding of customer behaviour across all shopping channels and how this should impact your overall business strategy
Customer Engagement Conference 2019
Customer Engagement Conference 2019
5 June 2019
Cavendish Conference Centre, London W1
The 10th Annual Retail Customer Engagement Summit
The HR Summit 2019
The HR Summit 2019
Tuesday 8 October 2019
The Cavendish Conference Centre, London W1
The 11th HR Summit 2019, The Cavendish Conference Centre, London W1, 8 October 2019
AI in Retail Conference 2019
AI in Retail Conference 2019
16 October 2019
Cavendish Conference Center, 22 Duchess Mews, London W1G 9DT
Retail marketing is changing pace rapidly by making communication across all platforms personalised, relevant, efficient, and helpful. AI not only helps shoppers find a perfect product but also pre-empts the shopping behaviour and speeds up payment.
Payment Roundtable 2019
Payment Roundtable 2019
6 February 2019
The Cavendish Conference Centre, 22 Duchess Mews, London W1G 9DT
The Retail Bulletin Payment Roundtable will raise debate and discussion centred on but not exclusive to improving the in-store payment process