B&M European Value Retail SA (GB:BME) has released an update.
B&M European Value Retail S.A. reports a 2.4% increase in group revenues for Q1 FY25, driven by a disciplined store opening program with 19 new B&M UK stores and 2 in France. Despite a UK like-for-like sales drop of 3.5%, the company made strong profitable progress and anticipates continued growth throughout the year. The company’s focus on value, operational efficiency, and expansion of its Everyday Value range positions it well for the transition to the Autumn/Winter season.
For further insights into GB:BME stock, check out TipRanks’ Stock Analysis page.
