Big Yellow Group
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Big Yellow Group (BYG) investor relations material

Big Yellow Group Q1 2026 TU earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q1 2026 TU earnings summary20 Jul, 2026

Executive summary

  • Delivered resilient Q1 performance with revenue up 3% year-over-year and like-for-like store revenue up 2%.

  • Achieved stronger occupancy growth than the same period last year, with new store openings contributing to increased occupied space.

  • Continued disciplined cost control and focus on customer service amid challenging fiscal and budgetary environment.

Financial highlights

  • Total revenue for the quarter ended 30 June 2026 was £53.2 million, up 3% year-over-year.

  • Like-for-like store revenue reached £52.2 million, a 2% increase from the prior year.

  • Average achieved net rent per sq ft rose 3% to £36.68; closing net achieved rent per sq ft up 2% to £36.45.

Outlook and guidance

  • Expect a first half increase in store operating expenditure of 4% like-for-like, with a full-year increase of 3%.

  • Anticipate continued challenging operating environment due to fiscal and budgetary uncertainties.

  • Four new stores scheduled to open in the current financial year, with further openings planned through March 2028.

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Frequently asked questions

Big Yellow Group Plc is a self-storage company that provides storage solutions for personal, business, and student needs. The company operates a network of storage facilities, offering various unit sizes for short-term and long-term storage. Its services cater to individuals requiring space for personal belongings, businesses looking for document or inventory storage, and students needing temporary storage. Big Yellow Group also provides ancillary services such as packing materials and insurance options to complement its storage offerings. The company is headquartered in Bagshot, England, and its shares are listed on the London Stock Exchange.