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B&M (LSE: BME) 3Q19 Trading Update: UK Growth Is Hit by a Tough November

Executive Summary

  • B&M European Value Retail reported a 1.6% decline in U.K. comparable sales, below the consensus of 0.2% decline by Street Account.
  • Total U.K. revenue growth came in at 4.5%, supported by new store openings.
  • B&M posted group revenue growth of 12.1% at constant currency.

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