'Sharpen Our Pricing' - Retailer B&M, Which Was Founded in Cleveleys in 1978, Announces Huge Fall in Profits

'Sharpen our pricing' - Retailer B&M, which was founded in Cleveleys in 1978, announces huge fall in profits

The business was founded by Malcolm Billington and Brian Mayman who opened their first store in Cleveleys in 1978.

Sales grow but profit down at value retailer - Big Furniture Group

Value retailer B&M has reported a growth in full year sales although saw profit decline. According to its preliminary results for the 52 weeks to 28 March 2026, total group sales rose 3.6% to £5.7bn from £5.5bn in 2025. Group adjusted EBITDA resulted at £459m, down 25.9% from £620m, while pre-tax profit stood at £227m, down 47.3% from £431m year-on-year. B&M UK delivered total sales growth of 2.9% to £4.6bn from £4.4bn, with like-for-like sales …

B&M Posts Smaller-Than-Expected Fall In Profits Amid Turnaround Efforts

Shares in discount retailer B&M jumped over 15% this morning after it posted a smaller-than-expected decline in annual profits, despite weak UK sales and soaring costs. The group’s total revenues rose 3.6% to £5.78bn in the year to 28th March, (more…) The post B&M Posts Smaller-Than-Expected Fall In Profits Amid Turnaround Efforts appeared first on KamCity.

Liverpool’s B&M ups revenue to £5.775 billion – Northern Financial Review

Shares of Liverpool-based B&M European Value Retail plc rose as much as 15% on Wednesday after it published results for the 52 weeks to March 28, 2026, showing that revenues increased 3.6% to £5.775 billion. Statutory profit before tax fell 47.3% to £227 million, including an impairment charge of £36 million versus £3 million in FY25. Ordinary dividends fell 36% to 9.6p per share. “The redomicile of our group from Luxembourg to Jersey was comple…

B&M’s recovery remains a work in progress, as the retailer seeks to strengthen its product proposition to rebuild momentum, says GlobalData

Discover what's happening in retail today, Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and much more. Following today’s release of B&M’s figures for the 52 weeks ending 28 March 2026; Emily Scott, retail analyst at GlobalData, a leading intelligence and productivity platform, offers her view: “B&M’s FY2025/26 results highlight a retailer still searching for a sustainab…

B&M profits crash nearly 50% in 'difficult year' as retail sector faces pressure

Fellow listed retailers Boohoo, Debenhams and Huddled also release trading updates amid sector-wide pressures