McColl's Retail Group Plc Reports A Sluggish Third Quarter Trading Update

  • Aug 29, 2019 BST
  • Team Kalkine

McColl's Retail Group plc (LSE: MCLS), reports a sluggish third quarter trading update for the 13-week period ended 25 August 2019. Company’s Like-for-like (LFL) sales declined by 2.2%, while the total revenue was down 3.6% for the quarter. As the company is reshaping and optimising the estate, its year to date LFL sales declined by 0.1%, and total revenue was down 1.2%.

On 29th August 2019, at the time of writing, GMT 08:19 AM, MCLS shares were trading at GBX 49.00, up by 0.60 points or 1.24% against the previous day closing price.

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