For 2022, Fix Price’s revenue grew by 20.5%
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At the end of 2022, Fix Price’s revenue amounted to 277.6 billion rubles, which is 20.5% more than in 2021. In the fourth quarter of the year, revenue grew by 13.9% year-on-year to RUB 75.8 billion. This was announced by the press service of Fix Price in the report on key operational indicators for 2022 (.pdf).
The company’s retail revenue for the year increased by 21.1%, to 246.2 billion rubles, wholesale – by 15.6%, to 31.4 billion rubles. According to the results of the fourth quarter, retail revenue increased by 14%, to 67.4 billion rubles, wholesale – by 13.3%, to 8.4 billion rubles.
Like-for-like sales, adjusted for ruble appreciation, increased by 11% year-on-year and by 5.2% quarter-on-year.
In 2022, the total number of Fix Price stores was 5663 versus 4909 in 2021. During the year, the company opened 759 new stores, of which 88 were franchised; in the fourth quarter, 201 new stores were opened, of which 17 were franchised.
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