Booker records sales growth of 9.2% in its first quarter

Booker increased sales by 9.2% to nearly £1.8 billion in the 13 weeks to 29 May 2021.

This rise was driven by a 68% improvement in sales to caterers as lockdown restrictions were eased. Another contributing factor was a ‘significant recovery’ in the performance of Best Food Logistics, which was acquired by Booker in early March 2020.

Meanwhile, Booker’s sales to independent retailers declined by 4.3% during the same period. This followed significant growth (23.8%) in same quarter last year due to the effects of the pandemic on shopper behaviour.

Compared with the same trading period two years ago – before any lockdowns were implemented – Booker’s total sales were up by 3.1%.

Commenting on Booker’s performance, Ken Murphy, CEO of parent company Tesco, said: “I’m pleased to see Booker recovering strongly as the ‘eat out’ market starts to open up. I’m confident that we’ll continue to do well against the market by maintaining our relentless focus on customer satisfaction.”

Tel: Booker (01933) 371000

Published Date: June 22, 2021
Category: Wholesale Industry News