Total sales rose by 11.8% to £1.1bn, helped by the opening of 60 new stores. Like-for-like revenues, which strip out the impact of new stores, rose 2.4% in the year to 29th March.
The company said it continued “to carefully consider” a UK competition authority probe of its proposed acquisition of rival discount chain 99p Stores.
Jim McCarthy, chief executive, said: “Despite tough trading conditions, Poundland continues to perform well and we served an average of 5.3 million shoppers a week during the quarter.”
Poundland will report its full-year results on 18th June, and said it expected underlying pre-tax profits to be in line with market forecasts of about £44m.