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Current Position:Home » News » Marketing & Retail » Retail » Topic

Russian retailer Dixy June sales rise 28 pct

Zoom in font  Zoom out font Published: 2014-07-18  Origin: Reuters  Views: 11
Core Tip: Russian food retailer Dixy Group said on Thursday its sales rose 28.3 percent in June, year-on-year, to 19.2 billion roubles ($551 million), after a 19-percent increase the previous month.
Russian food retailer Dixy Group said on Thursday its sales rose 28.3 percent in June, year-on-year, to 19.2 billion roubles ($551 million), after a 19-percent increase the previous month.

The June result brings first-half sales to 107 billion roubles, a year-on-year increase of 22.4 percent. The company had said it is targeting 15-20 percent revenue growth in the whole of 2014.

Second-quarter like-for-like sales growth accelerated to 11.65 percent from 4 percent in the first quarter as the average ticket jumped 12 percent on the back of higher inflation.

 
 
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