More than 24,000 staff at discount retailer B&M are to get an extra week’s wages in recognition of their “considerable efforts” as the group increased its profit outlook thanks to strong festive trading.
Employees at the group will get the bonus payment this month, B&M said.
Details of the payout came as B&M said full-year profits are set to come in at between £605 million and £625 million, ahead of the £578 million previously expected.
The firm cheered a 14% jump in sales against pre-pandemic levels two years ago in its third quarter to December 25.
On a year-on-year basis, like-for-like sales were 6.2% lower.
It said festive trading was boosted by efforts to take delivery of imported stock earlier than normal to avoid disruption ahead of Christmas.
