Home Bargains’ revenue was up by 7.9% to £4.5bn in its latest full financial year, fuelled by estate expansion, relocations and like-for-like growth in existing stores.
The estate grew by 15 stores to 632 in the year to 30 June 2025, according to newly published accounts at Companies House for TJ Morris Ltd, which trades as Home Bargains.
Operating profit increased by 13.3% to £492m.
The variety discounter said more new openings were planned in the current financial year, while reiterating an ambition to eventually grow the estate to between 800 and 1,000 stores.
Read more: How Home Bargains is proving king of the variety discounters
No ordinary dividends were paid in the latest accounting period. It comes after the company issued a £1.22bn dividend payout the previous financial year, most of which went to majority shareholder Tom Morris.
In May 2025, Home Bargains opened a one million sq ft, £400m automated warehouse at Omega Business Park in St Helens, after three years of construction.
The retailer is also building a copy of the new facility – said to be the “the most sophisticated automated distribution centre in the country” – to open in Doncaster in 2028.
Home Bargains currently has three DCs and over 29,000 employees, up from 28,000 in 2024.
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