Seven-store expansion plan continues
Laminate and wooden flooring specialist Floors-2-Go unveiled like-for-like sales down 8.6 per cent, in a trading update released today.
Overall sales were down 2 per cent for the 26 weeks to June 30.
The results are an improvement on the last trading update, when the group revealed like-for-like sales down 15.8 per cent for the period to March 10. For the last financial year, profit before tax was down 49.4 per cent to£3.2 million.
Chief executive Simon Farnsworth said: 'Operationally, Floors-2-Go is in good shape. The management team continues to focus on the core business and developing new avenues for growth.'
The company has 139 stores, with plans to open seven more before the end of the year.
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