ScS expects its full-year results to be in line with expectations as like-for-like order intake growth has increased consecutively for two years.
The furniture and flooring retailer reported a 4.2% increase in like-for-like order intake for the 52 weeks to July 27 and two-year like-for-like order intake growth of 5.2%.
The specialist retailer posted a 2.9% increase in order intake for the 33 weeks to March 16 and said its full-year performance “reflects the strong growth achieved in the last 19 weeks”.
ScS chief executive David Knight said: “I am delighted to announce that the group has traded in line with our expectations for the year, an encouraging result given the challenging retail environment.
“This result is underpinned by the team’s relentless focus on becoming Britain’s best value sofa and carpet retailer, thereby facilitating our continued outperformance in the current political and economic environment.
“We will continue to target profitable growth by providing an excellent customer experience, with outstanding value, quality and choice for our customers.”
ScS will announce its preliminary results for the 52 weeks to July 27 on October 1.
No comments yet