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Currys PLC Shares Surge 24% Amid Strong Sales Growth

9/5/2025

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Summary

Story summary

Currys PLC shares rose 24% after reporting positive results and a £50m buyback program.
The retailer achieved a 3% sales increase for the 17 weeks ending August 30, fueled by new categories and B2B.
Sales grew in gaming, AI computing, and large appliances, while TVs and tablets saw declines.
iD Mobile's subscriber base surpassed 2.3 million, marking a 22% year-on-year growth.
CEO Alex Baldock expressed confidence in profit margins and the company's growth trajectory.

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Story summary

Currys PLC shares rose 24% after reporting positive results and a £50m buyback program.
The retailer achieved a 3% sales increase for the 17 weeks ending August 30, fueled by new categories and B2B.
Sales grew in gaming, AI computing, and large appliances, while TVs and tablets saw declines.
iD Mobile's subscriber base surpassed 2.3 million, marking a 22% year-on-year growth.
CEO Alex Baldock expressed confidence in profit margins and the company's growth trajectory.