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Full-price Matalan sales surge

Matalan full-price sales were up 19.6% in its second quarter compared to the same period last year.

The fashion and homeware retailer reported a total revenue of £259.9m for the 13 weeks ended 26 August compared to £245.5m in 2016.

EBITDA was up 47% to £22.7m year on year and the business had a closing cash position of £103.6m.

Readers' comments (1)

  • But how many items does Matalan sell at 'full-price'? Misleading.

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