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The latest update is out from ProCook Group PLC ( (GB:PROC) ).
ProCook Group PLC reported a strong trading performance in Q3, with total revenue increasing by 11.2% to £25.6m and like-for-like revenue growth of 3.4%—outperforming the market by approximately 10%. The growth was driven by increased retail and ecommerce revenues, supported by strategic store openings and successful promotional campaigns during the peak trading period. The company is confident in continuing its strategic progress and plans to open more stores, aiming for medium-term goals of 100 stores, £100m in revenue, and a 10% operating profit margin.
More about ProCook Group PLC
ProCook Group PLC is the UK’s leading direct-to-consumer specialist kitchenware brand. It designs, develops, and retails a high-quality range of direct-sourced and own-brand kitchenware, providing significant value for money. The company sells through its website and 64 own-brand retail stores across the UK. ProCook, founded over 25 years ago as a family business, is a socially responsible and environmentally conscious business listed on the London Stock Exchange.
YTD Price Performance: 2.67%
Average Trading Volume: 110,244
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £41.95M
See more insights into PROC stock on TipRanks’ Stock Analysis page.
