business · City AM ↗
Booker posts strong first quarter sales, stock rises
Citation-ready fact
Booker runs over 170 branches supplying grocers and caterers as well as schools and prisons.
more than 170 branches · branches
Booker
Citation-ready fact
Total sales in the 12 weeks to 19 June rose 7.8 per cent.
7.8 % · total sales
Booker
Citation-ready fact
Non-tobacco sales rose 10.4 per cent on a like-for-like basis in the first quarter.
10.4 % · non-tobacco sales
Booker
Citation-ready fact
Like-for-like tobacco sales were up 3.9 per cent in the first quarter.
3.9 % · tobacco sales
Booker
Citation-ready fact
Booker did not expect underlying first‑quarter sales growth to be as strong as the 6.4 per cent increase it saw in its fourth quarter.
6.4 % · underlying first‑quarter sales growth
Booker
Citation-ready fact
The group’s shares lifted 3.7 per cent to 35p yesterday.
3.7 % · share price35 p · share price
Booker
Booker, which runs over 170 branches supplying grocers and caterers as well as schools and prisons, said total sales in the 12 weeks to 19 June also rose 7.8 per cent.
Non-tobacco sales rose 10.4 per cent on a like-for-like basis in the first quarter, while like-for-like tobacco sales were up 3.9 per cent.
At its annual results in May, Booker said it did not expect underlying first-quarter sales growth would be as strong as the 6.4 per cent increase it saw in its fourth quarter.
“Profits and net debt remain in line with management expectations,” Booker said.
The group’s shares yesterday lifted by 3.7 per cent to 35p.
This article was originally published by City AM ↗. citations.press indexes the source-backed facts above and links to the original. Something wrong? Corrections policy · Report an error