Clas Ohlson almost at previous year’s level in first quarter

The Swedish retail chain Clas Ohlson recorded a slight increase in sales from May to July 2021, the first quarter of its financial year 2021/2022. Compared to the same period last year, sales dropped by 1 per cent to SEK 2.056 bn (EUR 201 mio). Organic sales decreased by 2 per cent, sales in comparable units and local currency decreased by 2 per cent. In contrast, online sales rose by 19 per cent to SEK 219 mio (EUR 21 mio).