ScS sees orders accelerate

ScS says it has seen orders pick up in the past quarter.

The chain says like-for-like orders grew by 6% to the quarter to 29 July. 

This compares with 5.7% in Q3.

It says that the increase means orders for the full year were in line with 2021/2022.

‘The group expects to report full year profit in line with market expectations, driven by effective cost management and improved trading in the second half of the year.

‘Following the acquisition of Snug in January 2023, we have re-established operations from an effective standing start. This included rebuilding supplier relationships, restoring stock levels, improving brand awareness, and ultimately building order momentum. Order growth was initially slower than we had hoped but we are pleased that current run rates are now in line with our expectations.’

SCS22

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