Chocolate Retailer Reports 12% Revenue Increase and Expansion
- 12% increase in revenue for the financial year ending July 1, 2018
- Opened 15 new stores contributing to a 6% sales growth
- Added 200,000 new online buyers
- Developed new products for autumn-winter season
- CEO Angus Thirlwell praises the performance of new and existing locations
Chocolate retailer Hotel Chocolat has reported a 12% increase in revenue for the financial year ending July 1, 2018. The company opened 15 new stores during this period, contributing to a 6% year-on-year sales growth and adding 200,000 new online buyers. They have also developed a number of new products for the autumn-winter season. CEO Angus Thirlwell praised the performance of both their new and existing locations. The company’s ‘School of Chocolate’ trained retail teams and experiential ‘Chocolate Lock-in sessions’ continue to underpin the success of their multi-channel model. Hotel Chocolat experienced strong growth in sales and profits during the critical Christmas trading period, with revenue increasing by 15% to £71.7m.
Factuality Level: 10
Factuality Justification: The article provides accurate information about Hotel Chocolat’s financial performance, store openings, online sales growth, new products, and CEO’s comments on the company’s success during the Christmas trading period. It is free from sensationalism, redundancy, opinion masquerading as fact, bias, and logical errors.
Noise Level: 2
Noise Justification: The article provides relevant information about Hotel Chocolat’s financial performance and growth, including revenue increase, store openings, and new product development. It also includes quotes from the CEO. However, it lacks in-depth analysis or exploration of long-term trends or consequences of decisions on those who bear risks.
Financial Relevance: Yes
Financial Markets Impacted: Hotel Chocolat’s stock price may be impacted
Financial Rating Justification: The article discusses Hotel Chocolat’s financial performance, including revenue growth and store expansion, which can affect the company’s stock price and potentially impact related financial markets.
Presence Of Extreme Event: No
Nature Of Extreme Event: No
Impact Rating Of The Extreme Event: No
Extreme Rating Justification: There is no mention of an extreme event in the article.
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