21 November 2024 - trading update
The group has issued a trading update covering the 13 weeks to 2 November and this has revealed disappointing trading especially in the UK and USA. Trading has suffered from weaker consumer demand, unseasonal weather and increased promotional activity. Like-for-like sales were down 0.3% as a result although organic sales rose by 5.4% due to store openings in the period. There were 79 new stores opened in the period taking the total number to 4,541. The company now believes pre-tax profits for the year will be at the lower . . .
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