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Russian retailer
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Russian Retailer O'key Has Seen Its Like-for-Like Sales Rise During The Fourth Quarter
Jan 23, 2013Russian retailer O'Key has seen its like-for-like sales rise during the fourth quarter, which contributed to a 24.5% increase in total revenue. During the period total revenues rose to RUB116bn (US$3.8bn). Gains were primarily driven by ...
Tags: O'Key, sales, fourth quarter
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Russian Retailer Magnit Booked a 71.62% Increase in Full-Year EBITDA Today
Jan 23, 2013Russian retailer Magnit booked a 71.62% increase in full-year EBITDA today (22 January), driven by improved margins and higher sales. The company said that EBITDA rose from RUB27.6bn (US$939.3m) in 2011 to RUB47.37bn in 2012. In 2012, the ...
Tags: Magnit, margins, higher sales, EBITDA
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Magnit Has Reported Full-Year Sales up by More Than a Third
Jan 11, 2013Russian retailer Magnit has reported full-year sales up by more than a third, after opening nearly 1,600 stores during the period. For the 12 months to the end of December, Magnit reported preliminary consolidated net sales up by 34% ...
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X5 Retail Group Has Reported a Fall in Half-Year Sales
Dec 13, 2012Russian retailer X5 Retail Group has reported a fall in half-year sales, although there are signs its performance could be improving. In the six months to the end of June, like-for-like sales dropped 2.5%. However, the decline in ...
Tags: X5 Retail, half-year sales, fall, like-for-like sales
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X5 Retail Group Andrei Gusev Has Quit After Just One Year in The Role
Dec 13, 2012The CEO of Russian retailer X5 Retail Group Andrei Gusev has quit after just one year in the role. Gusev's departure is effective immediately, X5 said today (13 July), but he will remain with Russia's largest retailer by sales in an ...
Tags: X5 Retail, Andrei Gusev, departure, Gusev, resignation
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X5 Retail Group's Bottom Line Improved in The Third Quarter Year-on-Year
Dec 12, 2012Russian retailer X5 Retail Group's bottom line improved in the third quarter year-on-year - but its sales slid and operating profit fell. X5 booked a net profit of US$12.1m for the three months to the end of September, compared to a ...
Tags: X5 Retail, sales, operating profit, bottom line
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Jan Fuchs Has Become The Latest Senior Executive to Leave Russian Retailer X5 Retail Group
Dec 12, 2012Jan Fuchs has become the latest senior executive to leave Russian retailer X5 Retail Group. Fuchs, the head of X5's hypermarket operations, had "decided to leave the company", X5 said in a statement yesterday evening (28 August). The ...
Tags: Jan Fuchs, senior executive, X5 Retail Group
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Magnit Saw Its Underlying Sales Accelerate in The Third Quarter of The Year
Dec 12, 2012Russian retailer Magnit saw its underlying sales accelerate in the third quarter of the year. Magnit reported a 7.1% increase in like-for-like sales for the three months to the end of September. Traffic and the average ticket were both ...
Tags: Russian retailer Magnit, underlying sales, third quarter
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Russian Retailer Dixy Has Booked an 89.5% Jump in First-Half Sales
Dec 12, 2012Russian retailer Dixy has booked an 89.5% jump in first-half sales, which were boosted by its merger with local rival Victoria Group and store openings. In a statement released today (25 July), the company said first-half sales rose to ...
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O'Key Said That Q2 Sales Grew by Almost One-Quarter, Driven by Increased Selling Space
Dec 12, 2012Russian retailer O'Key said today (10 July) that second-quarter sales grew by almost one-quarter, driven by increased selling space. The firm said that second-quarter sales rose by 23.5% to RUB27.2bn (US$824.4m). Gains were propelled by ...
Tags: Retailer, O'Key, sales grew, increased selling space
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O'Key Has Recorded an Increase in Half-Year Profits on The Back of Higher Sales
Dec 12, 2012Russian retailer O'Key has recorded an increase in half-year profits on the back of higher sales. Earnings in the six months to the end of June climbed 36% to RUR1.47bn (US$45.5m), the group reported today (30 August). EBITDA amounted to ...
Tags: O'Key, retailer, half-year profits, higher sales, selling space
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Store Openings Have Driven First-Half Revenue Growth at Russian Retailer Magnit
Dec 12, 2012Store openings have driven first-half revenue growth at Russian retailer Magnit. The firm said today (10 July) total sales increased by 32.5% in the first six months of the year. Gains were primarily driven by D, with 413 new stores ...
Tags: first-half revenue growth, Russian retailer Magnit, space expansion
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O'Key Books an Increase in Q3 Sales Amid a "Stable" Trading Environment
Dec 11, 2012Russian retailer O'Key has booked an increase in third-quarter sales amid a "stable" trading environment and an increase in selling space. In the three month period, like-for-like sales increased 4.5%, the retailer reported today (12 ...
Tags: Russian retailer, O'Key
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Magnit Has Booked an Increase in Profit in The First Nine Months of The Year
Dec 11, 2012Russian retailer Magnit has booked an increase in profit in the first nine months of the year, boosted by a high pace of new store openings and a focus on low prices. In the nine months to the end of September, net income soared 140.6% to ...
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Dixy Has Booked an Increase in Profit in The Third Quarter of The Year
Dec 11, 2012Russian retailer Dixy has booked an increase in profit in the third quarter of the year. Earnings in the three months to the end of September amounted to US$8.7m, a 7.2% increase on the prior year period. Operating profit climbed 1.4% ...
Tags: Net profit, Operating profit, Net sales
