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PRIVACY
Retail & Consumer

Boots º£½ÇÊÓÆµ reports robust sales growth, driven by online and makeup sectors ahead of Christmas

The Nottingham-headquartered company has revealed its year-on-year turnover increased by 6.9 per cent in the 12 months to 31 August, 2024

Boots(Image: PA)

Boots has reported a significant uptick in its financial performance, with a notable increase in online and makeup sales driving turnover growth for the financial year ending 31 August, 2024. The renowned high street pharmacy chain, headquartered in Nottingham, disclosed a 6.9 per cent rise in year-on-year turnover.

The company experienced a robust final quarter, with retail sales climbing by 6.2 per cent compared to the previous year, while digital sales soared by an impressive 18.7 per cent. Makeup sales also saw a substantial increase of nearly 15 per cent, as reported by .

According to Boots, its store sales were bolstered by heightened activity in destination health and beauty sectors, convenience and flagship stores, as well as airports, which enjoyed "good growth".

The beauty segment continued its strong performance, registering over six per cent growth in sales year-on-year.

Furthermore, Boots highlighted that the demand for NHS and private healthcare services significantly contributed to a 10 per cent pharmacy growth year-on-year, culminating in a 4.9 per cent overall increase for the year.

Boots' head office in Beeston, Nottingham

As the critical Christmas period approaches, Boots is intently focused on maximising its performance during this peak trading time.

Seb James, managing director of Boots º£½ÇÊÓÆµ and ROI, expressed his satisfaction with the results: "I'm delighted to close the year with such a strong set of results."

He added, "We have delivered a 14th consecutive quarter of market share growth and are seeing positive momentum across the whole business, with healthcare now performing strongly alongside our innovative beauty business."