AB Foods expects drop in Primark’s LFL sales for H2 2025
Yahoo Finance·2025-09-11 19:45
Fashion chain Primark’s owner Associated British Foods (AB Foods) is expecting the brand’s like-for-like sales (LFL) for the second half (H2) to be approximately 2% lower than those of the previous year. In a trading update, the company stated that the decline reflects a 2.4% decrease in the third quarter (Q3) and an anticipated drop of approximately 2% in Q4. Primark will see a sales increase of 1% in H2, with a consistent growth rate of 1% in both Q3 and Q4. In the full year of 2025, Primark expects a ...