Grocery

​Hotel Chocolat’s ‘strong’ sales boosted by new store openings

By 25 February 2020

Hotel Chocolat

Hotel Chocolat has posted “another strong” set of results, which chief executive Angus Thirwell attributed to offering its customers a “wider variety of sales channels”.

The specialist retailer posted a 14% increase in sales to £91.7m during the 26 weeks to December 29. Underlying EBITDA increased 7% to £18.5m, up from £17.3m the previous year.

During the period Hotel Chocolat opened nine new locations in the UK, two in the USA and three in Japan, which contributed to a three percentage point rise in sales growth.

 

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