Booker’s income continues to grow since its alignment with Tesco.
Third quarter figures for the retail multiple (to 24 November 2018) show that like-for-like sales of the C&C/wholesaler grew by 11% (10.7% excluding tobacco) with ‘sustained underlying growth’.
In the Christmas period alone (six weeks to 5 January) like-for-like growth was 6.7% (8.2% without tobacco).
Commenting on Booker’s Christmas performance, Tesco chief executive Dave Lewis said: “This reflects the annualisation of contract wins last year.”
As part of the enlarged business’s ‘Joining Forces’ programme, Booker products are now available in 70 Tesco branches.
Under the Booker name, a new distribution depot has opened in Hemel Hempstead, Herts, largely serving most of the One Stop retail chain.
