X5 Group increased revenue by 26.9% in the first quarter of 2024 – Kommersant
[ad_1]
Retailer X5 Group (“Pyaterochka”, “Perekrestok”, “Chizhik”; MOEX: FIVE) reported that in the first quarter of 2024, the company’s net revenue increased 26.9% compared to the same period last year. At the end of three months, it amounted to 882.2 billion rubles, according to the company’s reporting (.pdf).
The largest increase in revenue in the group was shown by the Chizhik discount chain – RUB 45.3 billion. for three months of 2024 compared to 18.7 billion rubles. for the same period last year (+142.2%). X5 Group’s net retail revenue amounted to RUB 875.5 billion. (+27%).
The average bill in the group’s stores increased from 494.3 rubles. in the first quarter of last year to 549.9 rubles. in the current one. The number of buyers increased by 14.2%. During the year, the company opened 412 new stores, the total sales area increased by 12.3% year on year.
Read more about business in the Kommersant article “Bargaining is inappropriate there”.
[ad_2]
Source link
