Hornbach stores lose sales in second quarter

German Hornbach group generated sales of EUR 1.6401 bn with its DIY stores in the second quarter of its 2024/2025 financial year (June to August), 1.3 per cent less than in the same period of the previous year. In Germany, the decline was 2.6 per cent (EUR 735.2 mio), while outside Germany it was -0.1 per cent (EUR 804.6 mio). Like-for-like DIY sales at the Hornbach Group fell by 1.2 per cent.

In terms of the first half of the year (March to August), the trend remains positive. At EUR 3.2512 bn, sales at the Hornbach stores, including the DIY megastores and online retail, were 0.7 percent up on the previous year's figure. Like-for-like sales were also up 0.7 per cent. Half-year sales in Germany rose by 0.2 per cent to EUR 1.5665 bn in the first six months, or by 0.4 per cent on a like-for-like basis. In the rest of Europe, sales rose by 1.2 per cent to EUR 1.6848 mio, with like-for-like…