The Entertainer is making hay while the sun shines and as 2018 edges towards its conclusion the company announce a 38% year on year profit, most likely helped by the disappearance of Toys r Us from the UK high street.
The Entertainer has today posted a 38% YOY profit increase for the 12-month period ending January 2018. The retailer, which now has 148 stores across the UK, delivered a total sales increase across all channels of 7.4% with LFL store sales being broadly flat.
In the same period, The Entertainer paid out profit-related bonuses of £1.9m to its employees. The company’s policy of tithing profits resulted in donations of £1.3m and along with other schemes such as Payroll Giving, ‘Pennies’ and carrier bag donations, its total charitable donations exceeded £2m for the first time.
