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Russia's X5 Retail Group Posts 1.0% Like-For-Like Sales Increase In Q2

Published on Aug 15 2018 11:00 AM in Retail tagged: Featured Post / Russia / X5 Retail Group / Pyaterochka / Karusel / Paywall / Perekstrok

Russia's X5 Retail Group Posts 1.0% Like-For-Like Sales Increase In Q2

Russia's X5 Retail Group has posted a 1.0% increase in like-for-like sales in the second quarter of its financial year.

This was driven by a 1.7% increase in store traffic, however the average basket size was down 0.7%.

The group posted revenue of RUB 383 billion (€5 billion) for the quarter, which was up 19.3% in reported terms.

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