Quiz has reported a 37.2% rise in total revenue to £49.4m year-on-year.
The Glasgow-headquartered fast fashion brand's trading update for the period from the start of April to the end of September explained that this growth was driven by demand recovering further to the removal of coronavirus-related restrictions.
Revenues at Quiz's 62 UK stores and 62 concessions rose 48%, with the former benefitting from a lower cost base negotiated as part of the group's store restructuring during 2020.
Online sales totalled £11.3m - up from £8.8m during the same period in 2021 - with sales through third party websites totalling £4.8m - up from £3.7m.
Progress has been made to improve a number of key e-commerce metrics, such as the average transaction value, although this was partially mitigated by an increase in the level of returns.
International revenues from store and concessions operated by the group amounted to £3.4m - up from £1.7m.
At the end of September, Quiz operated six international stores and 15 international concessions, all located in Ireland. Revenues from international franchise partners rose marginally to £5.4m.
The trading update noted that management has been focused on strengthening the balance sheet and improving net cash position. Positive trading, combined with a favourable net movement in working capital, has contributed to a £6.2m improvement in the total liquidity headroom.
This £12.7m headroom consists of a cash balance of £9.2m and £3.5m of undrawn bank facilities.
"Whilst it remains uncertain what impact the current cost of living pressures will have on consumers' disposable income and on their demand for Quiz products over the remainder of the financial year, management remain confident that the product proposition and commitment to providing glamorous looks at value prices will continue to appeal," the statement read.
"The board is pleased with the strong growth recorded across all channels during the period which supports the group's omni-channel business model - it remains confident that the brand will continue to increase its appeal and looks forward to achieving continued profitable revenue growth."
Panmure Gordon analyst Matthew Webb commented that Quiz traded well during the first half of 2022, with significant improvement in its financial headroom.
"Although trading conditions are clearly becoming more challenging, we make no changes to our full-year forecasts, which assume 21% revenue growth - implying 8% growth in the second half - and relatively modest gross margin attrition, despite rising costs."
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