Updates

B&M European Retail - Sales up 22.7% in first eight weeks!

July 2020

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

The shares soared back above £4 at one point after B&M, the UK’s leading general merchandise value retailer, revealed strong Q4 figures for the 13 weeks ended 28th March and a strong start to the new financial year. In Q4, UK like-for-like sales grew 6.6% supported by stockpiling in grocery. Then the first eight weeks of FY’21 revealed like-for-like revenues up 22.7% despite a significant fall in footfall. Sales growth was 10.3% excluding DIY / gardening, which implies those seasonal categories grew over 60% helped by the warm, dry weather. Jefferies reckons B&M is eating some of German discounters Aldi / Lidl’s lunch, with their sales up only 7.3% in the 8 weeks to 17th May. However, ...

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Polypipe

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B&M European Retail (June 2024)

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B&M European Retail - Shares spike towards all time high (August 2020)

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B&M European Retail - Sells loss-making German business (April 2020)

B&M European Retail (December 2019)

B&M European Retail - Q1 sales rise 21% (September 2019)

B&M European Retail (July 2019)

B&M European Retail (February 2019)

B&M European Retail (January 2019)

B&M European Retail (September 2018)

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B&M European Retail - Problems at Poundland create new opportunity (February 2018)

B&M European Value Retail - Acquires Heron Foods Group (October 2017)

B&M European Value Retail (September 2017)

B&M European Value Retail - Increases UK store target to 950 (July 2017)

B&M European Value Retail - Value retailer eyes another 300+ stores in UK (March 2017)

B&M European Value Retail - Discount retailer growing like topsy (February 2017)

B&M European Retail (January 2016)

B&M European Retail - To open another 60 stores this year (August 2015)

B&M European Retail (March 2015)

B&M European Retail (January 2015)

B&M European Retail - Fast growing discount retailer plans to double store numbers (November 2014)

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