Sports Direct’s Bob’s and EMS Sales Improved Last Year
Sales at SPD’s Rest of World Retail segment, which includes Bob’s Stores and Eastern Mountain Sports in the U.S. and 33 Sports Direct stores in Malaysia, increased 12% to £215.9 million ($277.5 mm) from £192.4 million in the fiscal year ended Apr. 28 and the segment nearly broke even with an underlying EBITDA loss of £0.9 million ($1.2 mm) against a loss of £22.3 million. Segment operating loss, including depreciation and ForEx, was $6.0 million. Backing out Malaysian sales of £41.6 million this year and £33.1 million in FY18, EMS and Bob’s together grew 9% to £174.3 million ($224.0 mm) ... Log in to view full article.