The U.K. conglomerate booked full fiscal year revenue of $26.25 billion, with its retail business posting sales growth of 2%. Primark owner AB Foods reported a full fiscal year revenue of $26.25 billion, demonstrating resilience amid sector-wide grocery pressures. The group's retail division drove the performance, reporting like-for-like sales growth of 2% for the period.
This figure reflects continued consumer demand despite challenging macroeconomic conditions affecting the broader grocery landscape.
Source: Wall Street Journal US Business · Summarized by HeadlinesBriefing