Bensons for Beds FY results disappoint

Bensons for Beds FY results to 24 September 2022 reveal revenue of £239.4m along with a pre-tax loss of £30.2m.

During the year the business had shuttered 12 underperforming stores enabling a reduction in headcount from 1,913 to 1,851. It acquired the Eve Sleep brand and IP out of administration and had appointed a new CEO.

In a statement, the Bensons for Beds board said: “This trading period for the group has presented a range of challenges, both internal and external. The board is pleased, however, to note that the business exits the period in a much stronger position than it entered it, with a new management team, a resolute focus on delivery of our strategy and positive early signs of success.”