Company Earnings UpdatePrimark (LSE: ABF) 9M19 Trading Update: Lower Markdowns and Better Buying to Boost Margins Coresight Research July 5, 2019 Executive Summary Associated British Foods (ABF) reported its trading update for the 40 weeks ended June 22. This report focuses on Primark, the company’s retail business. Primark grew its year-to-date sales by 4% at constant currency and as reported. For FY19, Primark expects modest growth in net profit and expansion in the operating margin. Please Login to read the full report. Not a member? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: Three Data Points We’re Watching This Week, Week 14: What US Consumers Think About TariffsAnalyst Corner: Holiday Spirit, Bigger Budgets: US Consumers’ Plans for the Fourth of July, Labor Day and the Holiday Season, with Aditya KaushikConsumer Sentiment Flatlines Ahead of Big Tariff Reveal; Plus, Mass Merchandisers and Wholesale Clubs in Focus: US Consumer Survey InsightsAnalyst Corner: Can Technology Adoption Decelerate the Store Closure Trend? Three Recommendations from Manik Bhatia
