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Birmingham Post
Birmingham Post
Business
Jon Robinson

Matalan praises 'extremely savvy customers' as losses continue to fall

The boss of Matalan has praised its "extremely savvy customers" as the fashion and homeware retailer posted another rise in sales and fall in its losses.

The Liverpool-headquartered company has posted a revenue of £286.5m for the three months to May 28, 2022, up from the £221.8m it achieved during the same period in 2021.

Its losses before income tax were cut from £10m to £7.1m, according to newly-released figures.

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