Company Earnings Update 3 minutesRegister for Free AccessPrimark (LSE: ABF) 1H18 Results: A Warm October Dents Sales Growth Coresight Research April 18, 2018 Executive Summary Primark’s parent, Associated British Foods (ABF), reported results for the first half ended March 3, 2018. This report focuses on results for Primark, the company’s retail division. Primark’s 1H18 sales grew by 7% at constant currency and by 8% as reported, driven by increased selling space. Primark’s comparable sales fell by 1.5%, as growth was hindered by an unseasonably warm October—a month when comps saw a “significant decline.” The operating margin was 9.8%, down by 20 basis points from the same period last year. 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: January 2023 US Retail Sales: Most Sectors See Positive Year-over-Year Sales GrowthUS Online Grocery Survey 2023: Insights into Shopper Behaviors, Quick Commerce and Meal KitsMetaverse Pioneers: Learnings for Fashion Brands from the Web 3.0 Strategies of Adidas and NIKEHoliday 2023: UK Retail Wrap-Up—December Downturn Unlikely To Herald Renewed Retrenchment