AB Foods keeps annual guidance for Primark unit

Primark vows it will not raise prices in its stores

The owner of Primark has vowed it will not raise prices for shoppers despite a sharp increase in labour costs

Consumer caution dampens Primark results as owner ABF reports profits hit

Associated British Foods (ABF) posted mixed results today across the Group for the year to 1st March 2025 amid a strong international performance from its retail business, Primark. Group revenue was down 2% at £9.5 billion ($12.7 billion), and adjusted profit before tax was also down 10% from £911 million ($1.2 billion) the previous year to £818 million ($1.09 billion).  170Associated British Foods (ABF) rank on the Fortune 500 Europe Across the…

Primark says it is not raising prices despite tax and wage cost hikes

It came as parent firm Associated British Foods said it saw ‘weaker sales’ across the budget fashion chain’s UK and Ireland stores.

AB Foods keeps annual guidance for Primark unit

Associated British Foods has kept its guidance for "low single digit" annual sales growth at its Primark clothing unit, which trades as Penneys here.

Primark suffers rare drop in sales as firm blames bad British weather

The owner of Primark has revealed a drop in UK sales while also raising questions about the future of its loss-making Allied Bakeries arm which produces big selling Kingsmill loaves 16:28, 29 Apr 2025Updated 16:28, 29 Apr 2025 Budget fashion giant Primark has suffered a rare fall in sales – and fears have been raised for its owner’s Kingsmill bread making arm. Associated British Foods said Primark takings in UK and Ireland stores open at least …

Primark UK sales fall 4% in H1 as US and Europe boost growth

Primark’s sales grew by 1% to £4.47bn in the first half of the year, with adjusted operating profit up 8% to £540m, as weaker UK and Ireland sales were offset by growth across the US and Europe.In both the UK and Ireland, sales fell by 4% despite good like-for-like sales growth over Christmas, as the UK clothing retail market struggled over the period. This reflected “cautious” consumer sentiment as well as a lack of seasonal purchasing in autum…