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Birmingham Post
Birmingham Post
Business
Hannah Baker

Procook on target after Christmas sales boost despite dip in revenues

Kitchenware retailer Procook has reported a dip in total year-on-year revenue for the third quarter of 2022, but said sales over the festive season mean the firm is on track to deliver for the full year.

The London-listed brand, which is headquartered in Gloucestershire, told investors on Thursday (January 12) revenue stood at £22.4m for the period - down 2.5% on the same time last year.

However, in the 12 weeks ending January 8, total revenue - excluding that from discontinued Amazon channels - grew by 0.8%. Like-for-like revenue fell 3.8% in the quarter, although it was 108.7% higher compared to before the pandemic in 2020.

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