09-11-2023 09:08 via retailgazette.co.uk

B&M store expansion plans boosted as it raises profit outlook

B&M has raised its full-year profit guidance after posting a 16.1% rise in first half core earnings, on the back of strong trading momentum.
For the six months to 23 September, the discount retailer saw group revenue rise 10.4% to £2.549bn on the year prior to £2.55bn, driven by an increase in customer transactions.
Pre-tax profits hit £222m, up from £201m the previous year with the group set to open at least 125 new stores in the UK over the next three years, boostin
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