Thorntons factory

Thorntons’ sales to other retailers soared 17.1% in the quarter

Thorntons has reported strong trading over Christmas, with quarterly sales up 6.3%.

The confectioner said sales during its second and largest quarter of the year, ending 11 January, rose to £93.1m.

Sales in its own shops fell 2.9% to £46.1m reflecting the closure of 36 stores over the past year. On a like-for-like basis, its retail sales rose 3.5%.

Meanwhile, sales to supermarkets and other retailers rocketed 17.1% to £47m.

UK sales were particularly strong rising 21.1% boosted by increased distribution and strong sales of new seasonal lines such as its licensed Snowman range. However, international sales took a step back, falling 15.5% in the quarter.

“Our performance over this important period demonstrates continued good progress in the transformation of our business,” said Thorntons CEO Jonathan Hart.

“We are pleased that both our operating divisions delivered positive results with strong sales in our Fmcg division and encouraging like-for-like growth in our Retail division.”