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UK's B&M falls after first-quarter UK like-for-like sales decline

BUZZ-UK's B&M falls after first-quarter UK like-for-like sales decline

** British discount retailer B&M's shares BMEB.L slips 4% to 196p; among top losers on FTSE Mid-cap 250 .FTMC

** First-quarter UK like-for-like sales fall 2.3%, weighed down by a slow start to the garden and outdoor season

** However, B&M posts Q1 group revenue of £1.43 billion ($1.92 billion), up 2% year-on-year, as strong growth in France helps lift overall revenue

** As of last, BMEB shares are up 20.85% YTD

($1 = 0.7458 pounds)


(Reporting by Atharva Singh in Bengaluru)

((Atharva.singh@thomsonreuters.com))

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