Get the app today! Download iPhone App Download Android App

Russia's X5 Retail Group Posts 3.7% Increase In Like-For-Like Sales In Q4

Published on Jan 23 2019 12:00 PM in Retail tagged: Featured Post / Russia / X5 Retail Group / Pyaterochka / Perekrestok / Karusel / Paywall

Russia's X5 Retail Group Posts 3.7% Increase In Like-For-Like Sales In Q4

Russian retailer X5 Retail Group has posted a 3.7% increase in like-for-like sales in the fourth quarter of its financial year, as well as a 13.4% sales growth contribution from increased selling space.

Fourth quarter sales at the group totalled RUB 420.9 billion (€5.59 billion), of which RUB 326.5 billion was recorded at its Pyaterochka stores (+18.1%), RUB 67.2 billon was recorded at Perekrestok (+23.0%), and RUB 26.1 billion was recorded at Karusel (+0.5%).

Its Pyaterochka chain saw a 0.8% increase in average basket value in the fourth quarter, while Perekrestok saw a 0.8% decline, and Karusel posted a 3.1% increase.

please subscribe or sign in to continue reading

image description

Try European Supermarket Magazine PREMIUM – 30 Day FREE Trial.

A trial subscription gives unrestricted access to all premium site content, app content, weekly email content and European Supermarket Magazine digital edition for a full 30 days. Try it now!

Share on Facebook Share on Twitter Share on LinkedIn Share on Tumblr Share via Email