Profit forecast cut as Christmas supply problems hit products including PlayStation 5
Currys has trimmed its annual profit forecast after a shortage of goods ranging from PlayStation 5 consoles and Apple products to hairdryers resulted in a 5% fall in sales over the peak Christmas period.
The UK’s biggest electrical retailer said that sales were hit by problems including the global chip shortage, which is affecting the supply of goods from TVs to appliances, the shipping of products and a drop in demand as households budgets become increasingly squeezed.