Oak Furnitureland has returned to profitability on a last-12-month EBITDA basis after reporting "significant strategic and operational progress" over the past seven months to 31 January 2026.
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Like-for-like sales rose 5% during the period, supported by new product launches, improvements across retail and online channels, and expansion beyond traditional solid wood cabinetry into categories such as smart-tech sofas, ceramic dining tables and marble-topped cabinetry. The retailer said it continued to gain market share in a "broadly flat" market, aided by a new lower-threshold, no-deposit interest-free credit offer.
The business operates 69 UK showrooms and is midway through a refresh programme, with early performance uplifts reported. Several new openings are planned this year following the launch of a Coventry site in 2025. Online performance improved through customer journey enhancements and the adoption of AI tools.
For the year to 30 June 2025, group revenue rose 2% to £240.5m, while operating losses fell 66% to £4.2m. Chief executive Alex Fisher said 'last year was an important turning point' and that progress this year reflects a return to profitability and continued market share gains.
Source: www.furniturenews.net
