Bad weather hits Homebase sales

Homebase suffered a 6.2% drop in second-quarter sales, blaming recent poor weather.

The DIY and homewares retailer saw turnover down to £391m, with like-for-like sales 8% lower.

However, Argos, also part of Home Retail, enjoyed a 4.8% rise in sales to £942m during the 13 weeks to June 2. Like for likes were up 1.8%.

Chief executive Terry Duddy commented: “For the first half overall, further progress on gross margins and continued cost control is expected to see profits at Homebase ahead of last year and strong growth at Argos.”

Check Also

Selbrae House Launches 2021 Ranges

Leading Scottish gift and homewares producer, Selbrae House, has unveiled this week its 2021 range …