Discount retailer grows revenue and profit

Discount retailer Home Bargains has reported a growth in sales and profit.

According to its latest filed accounts for the year ended 30 June 2025, total sales rose 7.1% to £4.5bn from £4.2bn in 2024.

Pre-tax profit resulted at £504.5m, up from £454.8m recorded in the previous year.

Stated within the report, parent company TJ Morris Limited, said: “This was achieved by the opening of additional retail outlets during the year, shop re-sites and an increased contribution from existing stores. Operating profit increased from £434m to £492m, an increase of £58m or 13.3%.”

At the year end, Home Bargains traded out of a total of 632 stores, with the company aiming to eventually operate between 800 and 1,000 retail sites in the future.

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