Chocolate giant's sales up by 2.3%; In brief.CHOCOLATE chocolate, general term for the products of the seeds of the cacao or chocolate tree, used for making beverages or confectionery. The flavor of chocolate depends not only on the quality of the cocoa nibs (the remainder after the seeds are fermented, dried, and firm Thorntons Thorntons is a British chocolate company established by Joseph William Thornton in 1911. Thorntons today is a £180m turnover company with nearly 400 shops and cafes and around 200 franchises together with internet, mail order and commercial services. said sales were up 2.3% as trading in the first quarter of its financial year got off to a "satisfactory" start. The improvement to pounds 46.8m came despite a 15.2% fall in franchise sales after the collapse of the Birthdays chain, which operated 94 franchises. Own-store sales increased by 1.9% to pounds 27.1m - up 1.3% on a likefor-like basis - while internet business rose 2.4%, to pounds 1.1m. Commercial sales were 7.2% higher at pounds 15.7m, even though the prior year period included the last quarter of sales to Woolworths, which was one of Thorntons' largest customers at the time. |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion