Supermarket Results

Todis Exceeds €1bn In Sales, Opens 23 New Stores In 2022

Italian franchise discounter Todis, owned by the Pac2000A Conad cooperative, exceeded the €1 billion sales milestone in 2022, up 12% from 2021.

Jerónimo Martins Sees Profit Up Nearly 60% In Q1 2023

Portuguese retail group Jerónimo Martins posted net profit of €140 million in Q1 2023, an increase of 59.1% compared to the same period last ye...

Sainsbury's Full-Year Results – What The Analysts Said

Sainsbury's has reported a 5.2% increase in group retail sales in its 2022/23 financial year, with grocery sales rising 3.0% driven by both inflation and i...

Sainsbury's 'Determined To Battle Inflation', Says CEO Simon Roberts

Sainsbury's, Britain's second largest supermarket group, reported an expected 5% fall in annual profit as inflation hit both it and customers but forecast...

France's Carrefour Confident As Q1 Sales Growth Accelerates

Carrefour, Europe's largest food retailer, said it was confident of more profit and cash flow growth this year despite high inflation, after sales growth a...

SPAR Hungary Sees Turnover Up 15.6% In FY 2022

SPAR Hungary has reported a 15.6% year-on-year increase in retail sales to HUF 915.7 billion (€2.44 billion) in its financial year 2022.

Russian Supermarket Chain Lenta Sees Profits Slump In Q1

Russian supermarket chain Lenta's core profit slumped 62% in the first quarter of 2023 on an annual basis, the retailer said, due to weak consumer demand,...

New Stores Boost Sales In Despar Italia In FY 2022

SPAR concessionaire Despar Italia closed 2022 with €4.14 billion in sales (+3.4% on 2021), of which 65% generated by directly-owned stores and 35% by...