Majestic posts narrow sales rise over Christmas

08 January, 2013

Majestic Wine called the Christmas trading period "challenging" despite posting a narrow sales rise.

The wine retailer reported a total sales growth of 5.1%, while like-for-like sales - which exclude the performance of shops that were not open last Christmas - rose 1.1%.

Last year, however, the group reported a total sales rise of 8% and a like-for-like sales growth of 4%, leaving chief executive Steve Lewis a little downbeat.†

He said:†"While we saw encouraging sales growth over the period, the Christmas trading season was challenging with many consumers leaving their shopping until the very last moment."

The performance over Christmas brings the group's like-for-like UK store sales growth to 0.8% for the first 39 weeks of the financial year.




Bookmark this


Site Search

COMMENT

Welcoming the wine rookie

Itís all true. Wine writers loaf around in a state of partial inebriation and partial undress, bitching about having to taste free wine all day and using recondite words like malolactic, terroir and recondite.†

Click for more »
Upcoming events

Polls

Is blended Scotch overshadowed by single malt in retailers?

  • Yes
  • No
  • Don't know

Facebook

Twitter