.6 Sep 2018 11:04
Footasylum expects to report revenue of £98.6 million for the Period, an increase of 18.5% compared
Store revenue was up 12.4% to £66.3 million (HY18: £59.0 million),
online revenue grew 28.5% to £30.2 million (HY18: £23.5 million), accounting for 30.6% of the total revenue (HY18: 28.2%),
and wholesale revenue trebled to £2.1 million (HY18: £0.7 million).
last time:
Footasylum has continued the strong growth experienced over the first half of its current financial year, with total revenues for the Period of £89.8m, an increase of 33.4 per cent. compared to the corresponding period in the prior year.
And:
All three sales channels (i.e. stores, eCommerce and wholesale) experienced year on year revenue growth in the Period, with eCommerce accounting for a higher proportion of total revenue than in the comparable period in the prior year.
And:
Despite the challenging outlook, we are encouraged by the continuing progress that we are making in improving our online performance, rolling out our store opening programme, and further enhancing our supplier relationships, and therefore remain confident in the Company's long-term prospects.
And:
[We] are working hard on a number of initiatives to maximise the Company's performance during the upcoming peak trading period.