15 July 2026 | 7:30AM BST Equity Research B&M European Value Retail PLC (BMEB.L): First Take: 1Q27 B&M UK LFL -2.3% (consensus -1.4%) News: B&M released a 1Q27 trading update with B&M UK LFL growth -2.3% (Visible Alpha Consensus Data -1.4%). Group sales were +2.0% yoy (consensus +1.8%) at £1.43bn (consensus £1.43bn), split B&M UK £1.13bn (consensus £1.14bn), Heron Foods £142mn (consensus £140mn) and France £156mn (consensus £148mn). Furthermore, 1Q27 B&M France LFL was +5.3% (consensus +1.8%) and Heron Food ...

Inflation eased in June, according to data released by the Bureau of Labor Statistics on Tuesday. Over the last 12 months, consumer prices increased 3.5% before seasonal adjustment, down from 4.2% in May. This was well below the 3.8% annual increase that Bloomberg economists were anticipating. Energy prices, particularly gasoline, were the biggest contributor. The index for energy has been steadily declining, falling 5.7% in June after rising 3.9% in May, 3.8% in April, and 10.9% in March. This was the larg ...