B&M saw sales rise 5% over its third quarter, despite experiencing a slowdown in growth.
Like-for-likes edged up 1.2%, despite being up against a tough comparison period last year, as total sales at the discount retailer hit £1.65bn over the 13 weeks to December 2023.UK sales increased 3.7% to £1.35bn while B&M’s French business saw a 11.3% uptick in sales.
B&M CEO, Alex Russo, said: “The performance across the ‘golden quarter’ has been pleasing, with strong operational execution across the three businesses.
“Our strategy remains unchanged – we are an everyday low-price discounter with a laser-focus in keeping excellence in retail standards and our costs the lowest.
“This allows us to provide our products at the best price to all customers, many of whom continue to face significant cost-of-living pressures.”
