30 Apr 2015 10:42
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Don't have an account? Click here to register.Booker LFL sales up 3.2% in third quarter, on track for full year
Thu, 12th Jan 2017 08:26
(ShareCast News) - FTSE 250 food wholesaler Booker Group posted a 3.2% increase in third-quarter group like-for-like sales on Thursday and said it remains on course to meet expectations for the year to 24 March.In the 16 weeks to 30 December, total sales were up 2.9%%, with tobacco sales down 1.3% and non-tobacco sales up 4.8%.LFL tobacco sales were 1% lower, while non-tobacco sales were up 5.1%.Internet sales rose by 10% to £333m, excluding Budgens and Londis, and the company said Booker India continues to make progress.Chief executive Charles Wilson said: "Booker Group continues to make good progress with like-for-like non-tobacco sales up 5.1%. Our plans to focus, drive and broaden Booker Group are on track. "Budgens and Londis are making a solid contribution to the group. We continue to help our retail, catering and small business customers prosper through improving our choice, prices and service."At 0850 GMT, the shares were up 0.7% to 182.70p.rch.
More News
2 Apr 2015 16:37
London close: Stocks rise tentatively ahead of four-day weekend, M&S jumps
Strong performances from Marks & Spencer and others in the retail sector pushed London stocks higher on Thursday ahead the four-day weekend. However, gains were only modest on the back of mixed economic data, UK political uncertainty and concerns over Greece. The FTSE 100 was up 0.35% by the end of
Read more2 Apr 2015 14:55
FTSE 250 movers: BTG surges on strong forecasts, Electrocomponents hit by weak Q4
Drugs group BTG topped the risers after raising sales forecasts for the year, partly thanks to the acquisition of lung device company PneumRx. Food wholesale retailer Booker also rose after saying it had a "good end to a good year" with a 1% rise in fourth-quarter sales despite ongoing price deflati
Read more2 Apr 2015 12:01
London midday: Retail stocks buoy markets led by M&S, but upside limited
London's stocks edged higher on Thursday ahead of the long weekend, helped in no small part by strong gains in the retail sector. However, gains were only modest as developments in Greece and uncertainty ahead of a live political debate in the UK weighed on sentiment. Meanwhile, mining stocks weaken
Read more2 Apr 2015 08:46
London open: M&S gains, but UK stocks flat ahead of long weekend
High street department store Marks & Spencer led retailers higher on Thursday morning, though the wider markets was kept broadly flat as concerns about Greece and UK political uncertainty limited upside. M&S shares surged 5.5% after an unexpected return to growth in clothing sales, while Dunelm and
Read more2 Apr 2015 08:14
Booker chairman resigns as grocery wholesaler celebrates "good year"
Food wholesale retailer Booker said it had a "good end to a good year" despite ongoing price deflation across the sector, as its chairman announced his resignation. Alongside a fourth-quarter trading update on Thursday, Booker said its long-running chairman Richard Rose will be stepping down in the
Read more2 Apr 2015 07:25