Flash Report 2 minutesRegister for Free AccessPrimark (ABF) Growth Slows in a Tough Quarter for Apparel Coresight Research January 15, 2016 Executive Summary Associated British Foods (ABF), the owner of Primark, reported total revenue growth of (2)%, or 3% at constant exchange rates, for its first fiscal quarter ending January 2, 2016. Primark’s quarterly sales were up 3%, or 7% at constant exchange rates. Operating margins were lower year over year as a result of the stronger US dollar; Primark sources much of its merchandise in dollars. But the reduction in margin was less than anticipated due in part to a “well-managed stock position” that resulted in fewer markdowns. Please Login to read the full report. Not a member? Register for a free user account. This document was generated for Other research you may be interested in: Temu, the New E-Commerce Marketplace Taking the US by Storm—What Do Consumers Actually Think?Consumers Skeptical About the Economy, But Cautiously Optimistic About Their Own Finances: US Consumer Survey Insights 2023, Week 44Retail Media: (Almost) Everything We Heard at Shoptalk Europe 2024Head-to-Head in UK Apparel Retailing: Boohoo vs. Primark