« BackDiscount chain Guineys returns to profitability

Discount department chain Michael Guineys has returned to profitability.

michael-guineys

The Irish Examiner reports Guineys – which has a store in the Abbeycourt shopping promenade of Tralee – posted pre-tax profits of €116,662 for the 12 months preceding January of last year.

This saw a return to profit for Guineys which endured a loss of €236,837 the year prior.

The chain – which has ten store nationwide – saw revenues rise to over 21 and a half million.