Primark saw sales drop in the UK as people spent less at the budget retailer, its owner Associated British Foods (ABF) said. In the year to September it saw a 3.1% fall in like-for-like sales compared ...
Across all markets, Primark’s sales fell 2.7% on a like-for-like basis over the period. In Europe, like-for-like sales fell 5.7% in the period. However in the UK, like-for-like sales rose 1.7%. The ...
Shares of Primark owner Associated British Foods PLC (GB:ABF) fell by over 5% as of writing after the company’s summer sales dropped in the second half of FY24 (ended September 14, 2024). AB Foods ...
Associated British Foods lowered its sales-growth forecast for fast-fashion chain Primark due to a weak performance in the U.K. and Ireland in the fall amid a challenging retail environment. The ...
The caution of Primark shoppers today helped to push Associated British Foods shares to their lowest level in a year as the poor run for retail stocks continued. A 6.4% quarterly slide in UK ...