Insight Report 3 minutes PremiumPRIMARK TEPID COMPS AND A HIT TO MARGINS AT PRIMARK Coresight Research November 4, 2015 Executive Summary Primark sales were up 13% at constant exchange rates and up 8% in British pounds. Spain, Portugal and Ireland performed “very well,” and UK comps were positive. Operating profit was up 5% at constant foreign-exchange rates and up 2% in British pounds. Operating margin was down 79 basis points, to 12.6%. Parent company Associated British Foods is a conglomerate and does not report further measures of profitability at the level of its Primark segment. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in: Weinswig’s Weekly: What Are the Prospects for US Holiday Retailing?August 2023 Leading Indicators of US Retail Sales: Consumer Sentiment Falls Month Over Month Amid Inflation ResurgenceOctober 2023 China Retail Sales: Year-over-Year Growth Rate Continues To ImproveData Dive: The Grocery-Store Categories Where US Shoppers Are Cutting Purchases the Most
