High Street
Clintons returns to FY profit following store closures
It comes as the company has continued to close loss making stores, with its store portfolio now down to 170 stores, whilst its headcount was cut from 1,757 to 1,415 over the year
Clintons has returned to profit following a period of store closures and job losses, with pre-tax profits rising to £8.1m in the year ended 29 June 2024, up from a loss of £5.4m the prior year.Full-year sales fell from £96.5m to £82.6m over the period, which was a “satisfactory performance, given the circumstances”, according to the group’s directors.
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