B & M Europ.Value Retail

B&M European Value Retail SA (LSE:BME) shares climbed 4% on Tuesday after RBC highlighted the discount retailer as one of its top picks in the sector, citing an expected turnaround in sales and potential shareholder returns. In a note following its European retail conference, RBC said B&M's like-for-like sales should start to recover from the first quarter, supported by improved weather, easier comparables, and better merchandising.» Mehr auf proactiveinvestors.co.uk

B&M European Value Retail SA (LSE:BME) is showing signs of a sales rebound, with early first-quarter figures pointing to a return to positive like-for-like growth, according to Citi. The latest till roll data suggest that UK total sales, including new space, are up around 9% year on year for the first 11 weeks of the current quarter, which ends on 28 June.» Mehr auf proactiveinvestors.co.uk

Shares in B&M European Value Retail SA (LSE:BME) were one of the top risers on Tuesday morning after the discounter's new chief executive Tjeerd Jegen snapped up £0.5 million worth of shares.  In a statement, the FTSE 250-listed retailer said its newly appointed boss bought five chunks at prices between £2.60 and £2.70.» Mehr auf proactiveinvestors.co.uk