Company Earnings UpdateB&M (LSE: BME) 1Q20 Trading Update: Store Expansion and Strong Comps Drive Sales Coresight Research July 25, 2019 Executive Summary B&M reported 1Q20 group sales of £967.7 million up 21.4% year over year as reported and on a constant-currency basis, and ahead of the consensus estimate of £934.5 million recorded by StreetAccount. The company grew its UK B&M banner revenues 13.8% year over year to £738.9 million. UK B&M comparable sales growth was 3.9%, beating the consensus estimate of 3.5%. B&M plans to open 50 new B&M UK banner stores and close five stores in fiscal 2020. It also expects to open between 15 and 20 Heron Foods stores, net, in the fiscal year. Please Login to read the full report. Not a member? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: Freeze, Flight or Fight? How Retailers Can Strategically Navigate Tariff TurmoilUS CPG Sales Tracker: Homecare and Health Dominate at the Start of 2025Canada Store Openings and Closures Tracker 2025: Best Buy, Dollarama and Loblaw Companies Lead Openings at the Start of the YearUS Retail and Logistics Holiday Hiring Hits Lowest Level in Over a Decade—Data Graphic
