The Entertainer posts sales boost but ‘remains cautious’
The Entertainer has posted sales growth that outperforms the wider toy market but said it “remains cautious” about its short-term outlook.
The toys and games retailer increased turnover year on year by £19.4m to £220.7m for the year ending January 28, 2023.
Gross profit, the retailer’s key performance indicator, increased by £4.4m to £116.6m, but pre-tax profit dropped from £22.5m to £7.6m owing to the impact of inflation and the ongoing war in Ukraine.
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