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Spain's DIA Continues To See Recovery, With Like-For-Like Sales Up 6.3%

Published on Nov 11 2020 8:58 AM in Retail tagged: Featured Post / Spain / Portugal / Minipreço / Dia / Paywall

Spain's DIA Continues To See Recovery, With Like-For-Like Sales Up 6.3%

Spanish retailer DIA has posted like-for-like sales of 6.3% in the third quarter of its financial year, as it continues its recovery process.

The retailer saw a 25.3% increase in average basket sales during the quarter, largely due to the COVID-19 pandemic, which more than offset a 15.1% decrease in store traffic.

Net sales were up 2.5% to €1.68 billion, boosted by 'ongoing transformation efforts', and despite the group operating a smaller store network than at the same time last year.

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