Information  X 
Enter a valid email address

Angling Direct enjoys bumper summer trading with sales up 31%

By BFN News | 02:25 PM | Monday 16 September, 2019


Fishing tackle retailer Angling Direct said it traded well during the summer, with sales up 31% in the three months through August. The company said it notched like-for-like sales growth in its physical stores of 13.3%, while online sales had jumped 27%. August was a record month, generating turnover of £5.5m. The positive sales trend had continued well into September, Angling Direct said. The company also announced that it had opened its 30th UK store, in Milton Keynes. It began trading on Saturday. 'We are very excited to have opened our Milton Keynes store, located just south of the town on a major retail park,' chief executive Darren Bailey said. 'Milton Keynes is a very popular angling region and the new store offers products for all disciplines of angling.' 'The summer trading conditions have been favourable with the weather having been good.' 'We were delighted that both our established and new stores experienced strong footfall, which was backed up by strong like for like sales both in-store and online, delivering a record month in August.' At 2:25pm: (LON:ANG) Angling Direct Plc share price was +2.5p at 63p Story provided by StockMarketWire.com

a d v e r t i s e m e n t