The company, which is the UK’s largest retailer of musical instruments and music equipment, will report that group revenues in the three months to June 30 are 27 per cent higher than in the same three months as last year.
Gear4music’s Executive Chair, Andrew Wass, will also tell the meeting that “traction” is continuing to date.
He will say: “This performance reflects the positive impact of our refreshed Growth Strategy, which is delivering tangible results.
“As previously announced, this is supported by a more favourable competitive landscape across both our UK and European markets, allowing the Group to successfully capture additional market share.”
Andrew added: “While it remains early in the financial year and the critical peak trading period is yet to come, strong trading in the year to date provides the Board with sufficient confidence to once again increase its expectations for the Group’s financial performance for the year ending 31 March 2026, following the uplift to expectations announced in June 2025.”
RECOMMENDED READING:
- Gear4Music expects better future in latest annual results
- Gear4Music has taken measures to beat 'economic uncertainty'
- York-based Gear4Music reveals latest trading update
- Gear4Music of York reveals £300,000 budget hit in report
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