British retailer McColl's warns on profit after weak Easter sales

MccollS Retail

25/04/2022 07:55

April 25 (Reuters) - British convenience store chain
McColl's  MCLSM.L  on Monday forecast tepid annual core profit
after a weaker-than-expected Easter performance, dented by lower
consumer spending and supply chain disruptions.    
    The company, which operates more than 1,100 convenience
stores expects its full-year adjusted core profit to not exceed
20 million pounds ($25.48 million). 
    
    
    ($1 = 0.7848 pounds)

 (Reporting by Sinchita Mitra in Bengaluru; Editing by Sherry
Jacob-Phillips)
 ((Sinchita.Mitra@thomsonreuters.com;))