Company Earnings Update 2 minutesRegister for Free AccessPrimark (LSE: ABF) 1Q17 Trading Update: “Good” UK Comps While Germany and the Netherlands Disappoint Coresight Research January 13, 2017 Executive Summary Primark’s parent company, Associated British Foods (ABF), reported its 1Q17 trading statement for the 16 weeks ended January 7, 2016. This report will focus only on Primark, ABF’s retail segment. At constant currency, Primark’s sales grew by 11% during the period and by 12% on a comparable-week basis. As reported, sales grew by 22% during the period and by 23% on a comparable-week basis. UK comps for the period were “good”, but were not disclosed. In Germany and the Netherlands, comps declined due to a rapid increase in selling space. 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: August 2023 US Retail Traffic and In-Store Metrics: Apparel Sector Registers Strongest Growth Amid Store-Based Traffic DeclineAmazon Prime Day 2024 Insights: Travel, Food, Early Deals, Livestreaming—This Year’s Sales BoostersUS Consumer Tracker: More Shoppers Cut Grocery Purchases Amid High Inflation AwarenessInnovator Intelligence: Achieving Social and Live Commerce Success with Authentic, Interactive and Engaging Content
