LONDON (Reuters) – Associated British Foods said on Thursday third-quarter sales at its Primark fashion stores which reopened after COVID-19 lockdowns were ahead of expectations in all markets.
It said Primark revenues reached 1.6 billion pounds ($2.21 billion) in the third quarter with the reopening of all stores and the opening of seven new stores, up from 0.6 billion pounds in the same period last year.
Primark’s like-for-like sales were 3% up on a two-year basis in the quarter.
($1 = 0.7243 pounds)
(Reporting by James Davey; Editing by Kate Holton)