Retail Human Resources plc
Hamleys sees toy sales rise
29 July 2011 09:34
Hamleys has seen toy sales rise in the first four months of its fiscal year and said it is "optimistic" about Christmas.
Revenue from stores open at least a year rose by 15% in the UK and Ireland, while comparable sales at franchises outside the two countries increased by 28% in the 17 weeks to July 23rd.
This compares to growth of 1% in the year to the end of March for the group.
In the UK and Ireland, comparable store sales rose soared by 14.5%, while like-for-like sales at overseas franchise stores jumped by 28%.
Pre-tax rose to £660,000 in the year to the end of March compared with £100,000 a year earlier and a loss in the previous five years.
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