Waterstones profits fall as IT issues cause order backlog
Waterstones’ pre-tax profits in the 52 weeks to April 2023 fell to £11.2m, compared with the £53.4m in profits the business posted in 2022.
The fall in profit came despite a surge in sales from £399.9m in 2022 to £452.4m in the full year of 2023.
Already have an account? Sign in here