Britain's B&M cuts profit forecast in turnaround effort

B&M European Value Retail

22/01/2026 07:05

Jan 22 (Reuters) - Britain's B&M BMEB.L cut its adjusted core profit forecast for the year on Thursday, as the discount retailer invests in clearing out discounted products and reducing inventory under its turnaround strategy.

 (Reporting by Yamini Kalia in Bengaluru; Editing by Subhranshu Sahu)

 ((Yamini.Kalia@thomsonreuters.com))