Market Overview

Argos Q2 Total Sales Rise 1%

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Home Retail Reports Drop In Comparable Basis At Argos Unit

Home Retail (OTC: HMRTY) reported a 1.4% increase in Q2 sales at its Argos stores.

Like for like sales at Argos stores surged 1.4% in the period. Total sales at Argos stores rose 1% to 867 million pounds ($1.40 billion) in the period.

Like-for-like sales at Homebase declined 3.7%, while total sales dropped 3.9% to 366 million pounds.

Home Retail shares gained 1.96% to close at $6.24 yesterday.

Posted-In: SalesNews


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