Insight Report 3 minutes PremiumPRIMARK TEPID COMPS AND A HIT TO MARGINS AT PRIMARK Coresight Research November 4, 2015 Executive Summary Primark sales were up 13% at constant exchange rates and up 8% in British pounds. Spain, Portugal and Ireland performed “very well,” and UK comps were positive. Operating profit was up 5% at constant foreign-exchange rates and up 2% in British pounds. Operating margin was down 79 basis points, to 12.6%. Parent company Associated British Foods is a conglomerate and does not report further measures of profitability at the level of its Primark segment. This report is for paying subscribers only. Already a paying subscriber? Please log in to see the entire report.If you wish to learn more about our subscription plans and become a paying subscriber, click here. This document was generated for Other research you may be interested in: Generative AI in Retail and Healthcare: Insights Presented at NACDS TSE 2023ChatGPT and Generative AI: Five Things Retailers Should KnowChatGPT and Generative AI: Five Things Retailers Should Know—UpdateShein’s “Supply Chain as a Service”: Reshaping Retail Logistics