Technology · 3 June 2026
B&M profit falls 26% as costs rise
Hugh Venables via Wikimedia Commons (CC BY-SA 2.0)
Shoppers could face pressure as the retailer warned that expenses are set to increase in the year ahead and demand was weak during the early garden-selling period. B&M reported results for the year to March 28 on Wednesday, with adjusted core earnings dropping compared with a year earlier despite unchanged comparable UK sales. Profit came in at £459 million, while better weather in late May helped seasonal purchases recover.
Reported by Reuters · How we write briefs