dealz news and archive

Pepco Group reports 4.3 percent revenue growth amid strategic FMCG exit

Pan-European variety discount retailer Pepco Group has announced its trading update for the first quarter of fiscal year 2026, ended December 31, 2025. The group reported a 4.3 percent increase in total revenues to 1.40 billion euros (1.63 billion dollars) on a constant currency basis. This growth was primarily driven by the flagship Pepco...

FeaturedMember

Business

Pepco Group FY25 revenue expected to exceed 4.5 billion euros

Pepco Group N.V. has reported a pre-close trading update for the full fiscal year 2025, with results for the continuing Group (excluding Poundland) expected to be in line with prior guidance. The company anticipates revenues will exceed 4.5 billion euros, driven by continued momentum in like-for-like (LFL) revenues, which are up 2.7 percent for...

Member

Business

Pepco Group to spin off Poundland, focus on Pepco brand

To pivot away from its FMCG-reliant segments, Pepco Group intends to actively evaluate all strategic options for separating Poundland from the Group during FY25, including a potential sale, while concurrently managing Dealz Poland to optimize its value in the medium term. This strategic shift is motivated by the financial drag exerted by the...

FeaturedMember

Business

Poundland Struggles in Q3; Pepco Group plans revival

European discount retailer Pepco Group delivered first quarter revenue of 1.9 billion euros, with constant currency growth of 3 percent versus last year. However, LFL revenues declined 1.1 percent, with a positive performance from both Pepco and Dealz offset by continued challenges in the Poundland business. In December the company’s CEO Stephan...

Member

Business

Pepco Group records strong FY24 financial results

European variety discount retailer Pepco Group, in its preliminary unaudited results statement for the 12 month period said that revenue of 6.2 billion euros, increased by 10.2 percent, driven by new store growth. Like-for-like (LFL) revenue declined by 3.2 percent during FY24. Pepco revenue increased by 14.2 percent; Poundland by 0.2 percent...

Member

Business

Pepco Group continues to address supply chain issues

Discount retailer Pepco Group said that the year-to-date Pepco business was impacted by supply chain issues, affecting the consistent and timely availability of stock in stores. Poundland and Dealz were also affected by the transition to Pepco-sourced clothing and general merchandise, which is being addressed and initial benefits are expected to...

Member

Business

Pepco Group posts Q3 revenue growth, maintains outlook

Discount retailer Pepco Group’s year to date revenue of 4,681 million euros increased 10 percent at constant currency, while third quarter revenue of 1,481 million euros, increased 8 percent. The company, owner of the Pepco and Dealz brands in Europe and Poundland in the UK reported a like-for-like (LFL) revenue decline of 4.3 percent in the...

FeaturedMember

Business

Pepco Group posts Q2 revenues growth, names new CEO

Discount retailer Pepco Group, which owns the Pepco and Dealz brands in Europe and Poundland in the UK, reported second quarter revenue of 1,349 million pounds, up 11.7 percent, while like-for-like sales were down 2.9 percent. In the first half, revenue of 3,200 million pounds with constant currency growth of 11 percent versus last year, while...

Member

Business

Pepco posts 2.3 percent drop in Q1 like-for-like sales

Pepco Group reported first quarter revenues of 1.9 billion euros with constant currency revenue growth of 11 percent versus last year. However, group like-for-like (LFL) revenues declined 2.3 percent. The company said, Pepco brand LFL revenue fell 3.7 percent, Poundland LFL grew 0.9 percent, with a strong peak Christmas performance driven by...

FeaturedMember

Business

Pepco Group delivers strong sales growth of 22.8 percent

Discount retailer Pepco Group, owner of the Pepco and Dealz brands in Europe and Poundland in the UK, reported first half revenue of 2,839 million euros, up 22.8 percent on a constant currency basis, driven by 36.9 percent growth at Pepco brand. The company said that like-for-like (LFL) revenues for the period were up 11.1 percent, with 8.5...