O`KEY GROUP NET RETAIL REVENUE RISES BY 10%, DA! DISCOUNTERS DELIVER 54.8% REVENUE GROWTH IN Q3 2022
Group net retail revenue[1] rose by 10.0% YoY to RUB 47.8 bn, driven mainly by discounters LFL performance and O`KEYs online sales growth and supported by discounter stores openings.
- Group net retail revenue[1] rose by 10.0% YoY to RUB 47.8 bn, driven mainly by discounters LFL performance and O`KEYs online sales growth and supported by discounter stores openings.
- discounters again showed one of the fastest paces of growth, with their net retail revenue adding 54.8% YoY to reach RUB 13.4 bn.
- [1] Hereinafter, net retail revenue, LFL net retail revenue, and the average ticket metrics are provided net of VAT.
- discounters net retail revenue grew by 60.2% YoY to RUB 38.9 bn, driven by a 32.0% LFL net retail revenue growth and the chains expansion.