Retailers drag the Russian market - Magnit momentarily +3.2% after the publication of operating results

We shall highlight the main results of the report on Q2 2022: the revenue grew by almost 40% YoY to 588.6 bln. rubles, the average bill added 15% YoY, the selling space is also growing, adding almost 20% YoY to 9259 ths. sq. m.

Comparable sales (LFL) increased by 13.1%, we wrote about what this indicator means in the Fix-Price report.