Primark half-year like-for-likes slip 2%

Primark has reported an increase in overall half-year sales but like-for-likes for the same period took a hit thanks to a slowdown in Europe.

According to a pre-close trading update for the half-year period ending March 2, from parent company Association British Foods, Primark’s interim sales are expected to be four per cent ahead of last year thanks to increased retail selling space. However, this would be partially offset by a two per cent decline in like-for-like sales.

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