Waterstones released its annual report for the fiscal year ended May 3, 2025. Sales at the UK chain were up 7 percent to £566 million. Operating profit before exceptional items grew 9 percent to £49.7 million, “through the successful implementation of margin improvement strategies particularly within the online brands, and effective cost control helping to mitigate legislative payroll increases.” The company also opened seven new stores during the year. “Waterstones sales continue to grow year on year with strong performances across geographical areas, product categories and sales channels as it benefits from the enduring popularity of both reading and physical […]
