The newly-acquired Eastern Mountain Sports and Bob’s Stores 49 store and e-commerce operation had sales of £63.9 million ($85.3 mm) in sales for the period from the approval of the bankruptcy sale on May 18 to the end of the interim period on Oct. 23. The underlying EBITDA loss was £23.0 million ($30.7 mm) for the period consisting of a £5.5 million trading loss and a £17.5 million loss on accounting adjustments of the newly-acquired assets. Gross profit was £7.1 million, an 11.1% gross margin in the period, with operating costs of £30.1 million.

Detailing its £71.3 million outlay for the ... Log in to view full article.