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Magnit Sees Like-For-Like Sales Up, However Supermarkets Still Down

Published on May 7 2019 8:19 AM in Retail tagged: Featured Post / Russia / Magnit / Paywall

Magnit Sees Like-For-Like Sales Up, However Supermarkets Still Down

Russian retailer Magnit has posted a 0.6% increase in like-for-like sales in the first quarter of its financial year, however, the group's supermarket division continues to weigh on its performance.

The group saw a 4.2% increase in average ticket in the period, however traffic was down 3.5% across its estate.

Divisional Performance

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