Electricals retailer Currys has raised its annual profit outlook after reporting a 2% rise in underlying sales for the Christmas trading period, with strong demand for mobile phones, gaming and computing offsetting weaker trends in TVs.

RTÉ

Ireland

Currys raises profit outlook after Christmas sales rise

Media Bias/Fact Check

Government of Ireland

Currys appears to have been justified in last year's battle to fend off a foreign takeover following a strong Christmas trading performance

The Herald Scotland

Gannett

Scotland

United Kingdom

Currys vindicated as AI powers festive sales boost

Currys has raised its profit outlook for the year after boss Alex Baldock hailed “strong peak trading” over the crucial Christmas trading period with a 2% rise in UK underlying sales as consumers bought more laptops and mobile phones. As a result, the electricals giant now expects its full year adjusted pre-tax profit to come in ahead of consensus expectations at around £145m to £155m, up 23% to 31% year-on-year. 
UK and Ireland sales rose 2% fo…

Retail Gazette

Currys lifts profit guidance after 'strong peak trading' - Retail Gazette

Currys has revealed that it expects its profit-before-tax to land between £145-155m for the full year, 23-31% ahead of consensus expectations. It comes after the company saw its revenues rise 2% like-for-like in the UK and Ireland in the 10 weeks ended 4 January, what the company refers to as its peak. Alongside this, the retailer saw its revenues in the Nordics rise 1% like-for-like in the period. In the UK Currys saw strong sales in mobile, ga…

Retail Sector

Currys raises profit outlook amid ‘strong peak trading’

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! Following today’s release of Curry’s figures for the 10 weeks ending 4 January 2025 Oliver Maddison, retail analyst at GlobalData, a leading data and analytics company, offers his view: “Currys showed modest growth over the peak trading period but continued to outperform the electricals sector at large. Its …

retailtimes.co.uk

Currys outperforms a lethargic electricals market, says GlobalData

Yesterday’s Update for the ten weeks to Saturday 4th January, covering the group’s Peak Trading covering the run-up to Christmas and then the New Year Sales periods, showed Currys (LON:CURY) putting on quite a strong performance.  Certainly, the market approved, by marking the group’s shares up 11.19% on the day, with them closing up 9.17p […] The post Share Tip: Currys – Brokers up their Target Prices for electricals retail group after its Peak…

UK Investor Magazine

Share Tip: Currys – Brokers up their Target Prices for electricals retail group after its Peak Trading Update, upgrading profit estimates by 5%, shares at 91.40p, TP 170p

UK electronics retailer Currys has reported a 2% uptick in like-for-like (LFL) sales over the ten-week period concluding on 4 January 2025.The post Currys reports underlying sales up 2% for Christmas 2024 trading period appeared first on Retail Insight Network.

retail-insight-network.com

Currys reports underlying sales up 2% for Christmas 2024 trading period

PRN, a Stratacache company, will build its first UK retail media network, enabling the electronics retailer which counts 80% of UK households as customers to runs ads for brand partners. The post Currys expands retail media network to nearly 300 stores appeared first on AV Magazine.

Currys raises profit outlook after Christmas sales rise

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