2019 Q2 Release
Constant currency network store sales1 for the three months to 30 September 2018 grew 12.9% to $12.7 million from $11.2million in the same period a year ago. The rate of growth is ahead of the 6.9% year-on-year growth posted for the first quarter of the 2019 financial year.
The improvement reflects: an increase in the store network to 1002 stores from 92 at the same time a year ago; store performance improvements particularly in the Irish, UK and Saudi Arabian businesses; and the benefits flowing from the restructure of the Chinese business drawing to a close. Same store sales were largely flat at $9.3 million compared to the same three-month period a year ago, reflecting similar trends.