Home Retail Says Q2 Sales Down At Argos, Homebase; Sees Lower Profit In H1 – Update

<p>Home Retail Group plc, in its trading update for the second quarter, reported that total sales at Argos declined 2.8%, and sales at Homebase dropped 1.1%. For the first half, the UK-based home and general merchandise retailer expects Group benchmark profit before tax to decline about 20% to 25%, while full-year pre-tax profit is projected to be in line with the bottom half of the current analyst …

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Home Retail Says Q2 Sales Down At Argos, Homebase; Sees Lower Profit In H1 – Update

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