Outdoor equipment retailer Go Outdoors has revealed that for the year to 27th January 2013, it achieved record turnover of £171 million, an increase of 19 percent on the previous year, while the firms EBITDA was up more than 10 percent from £8.5 million in the prior year to £9.4 million. Go Outdoors also went back into the black during the year, making a £1.5 million pre-tax profit, while the group saw strong growth in its multichannel sales which increased 41 percent year-on-year with an encouraging performance from its click and collect service. Also during the year, Go Outdoors unveiled four new stores.
Supermarket chain Asda has revealed that for the 12 weeks to 5th July 2013 like-for-like sales were flat, up 0.7 percent. In the statement Asda announced plans to accelerate its investment in technology and infrastructure as well as increase its click and collect service and mobile capacity.
According to reports fashion retailer Joules has seen profits rise almost 50 percent in the past year with pre-tax profit rising to £3.7 million in the year to the end of May, up by £1.1 million on the prior year. Sales for the year rose 19 percent to £79 million.
Walmart has reported that in its second quarter to July 26th 2013, like-for-like sales in the US fell by 0.3 percent, whilst global revenues increased 2.4 percent to $116.2 billion. In its sales forecast for the year to the end of January 2014, Walmart has slashed its forecast for global growth to between 2 percent and 3 percent from its original estimate of 5 percent and 6 percent growth. Walmart International grew net sales by 2.9 percent to $33 billion during the period.
In July 2013, H&M saw total group sales increase by 9 percent compared to the same month the previous year. Sales in comparable units, which comprise of the groups stores, internet and catalogue sales, decreased by 1 percent.
Lloydpharmacy’s parent company Celesio has seen a 55.6 percent pre-tax profit rise in its first-half year results. Sales at the group’s consumer division, which comprises its pharmacies, slipped 2.3 percent to €1.7 million.