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B&M shares plummet after accounting error
Paisley Daily Express
|October 21, 2025
SIMON HUNT
-
B&M shares fell sharply yesterday following an accounting mistake that resulted in the company overstating its profits.
The FTSE 250 discount chain revealed it had failed to account for up to £7 million in international freight costs, which vanished from its projections "following an operating system update."
Consequently, B&M has reduced its pretax earnings guidance for the year to between £470m and £520m, down from its earlier projection of £510m and £560m.
The group plans to launch a comprehensive "third-party review" into the incident.
This story is from the October 21, 2025 edition of Paisley Daily Express.
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