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Russia's Lenta Sees Like-For-Like Sales Up 4.0% In First Quarter

Published on Apr 23 2020 9:38 AM in Retail tagged: Trending Posts / Lenta / Russia / Sales / Paywall

Russia's Lenta Sees Like-For-Like Sales Up 4.0% In First Quarter

Russian retailer Lenta has posted a 4.0% increase in like-for-like sales in the first quarter of its financial year, with both traffic and basket size increasing in the period.

The group posted retail sales growth of 7.5% for the quarter, to RUB 104.4 billion (€1.28 billion), however its wholesale business was down 16.5%.

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