The Range plunges to loss but expects ‘sustained growth’ from now on

The Range’s plunged to a £11.7m loss as sales fell more than 10% in its last financial year.
Revenues still represented a 26% rise on its pre-pandemic levels, with a 17.3% jump in like-for-likes, in the year to January 2023.
Despite the profits drop, The Range said the year represented a return to a more stable period of trading, following heightened demand during the pandemic.
In its current year, sales are back in growth with like-for-like gross profit up over 4% and it expects pro