Screwfix sales up 6.3% over Easter period

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BHETA
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Screwfix sales up 6.3% over Easter period
  • Screwfix sales grew by 6.3% year on year during the 13 weeks to 30 April 2024, and 2.4% on a like for like basis.
  • There was "robust demand from trade customers and strong market share gains".
  • Positive YoY sales growth was seen in most categories, with "notable performances in its tools & hardware and building & joinery categories".
  • Screwfix opened seven new stores in the UK & Ireland. The company says it "remains on track to open up to 40 stores in these countries in this financial year".
  • Screwfix Spares contributed c.2% to total Screwfix sales growth in Q1.

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