20 October 2026 - trading update
It is extremely disappointing to have to report that the leading discount retail group has issued a profit warning following the discovery of an accounting error. The error has led to £7m of freight costs not included in the cost of goods sold and so the group's trading update on 7 October has overstated the forecast profits at the group. The error appears to have been caused by a change in systems earlier this year although the issue has now been rectified. As a result of this, the group has reduced its expectations for . . .
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