Currys sees World Cup boost with supersize TV sales up 221%

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Currys has reported a surge in sales of supersize TVs, beer pumps, and BBQs as the World Cup and warm weather boosted the high street. Sales of TVs 90 inches and over jumped 221% compared with Euro 2024, while PerfectDraft home beer pump sales rose 27%. The retailer posted an 18% rise in adjusted pre-tax profits to £191 million for the year to May 2, with group revenues up 6% to £9.25 billion. UK sales grew 3% to £5.4 billion, driven by computing and AI technology, though consumer electronics were hit by soft TV demand. Outgoing chief executive Alex Baldock said current trading has been very pleasing and the business is strengthening despite a subdued consumer backdrop.

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Consumer Discretionary▲ · 1 stocks
Currys PLC
CURY
▲ PositiveDemandrelevance

Sales of supersize TVs, beer pumps, and BBQs surged due to World Cup and warm weather, driving UK sales growth and profit increase.