22:09 4 July 2026
Dino shares lowest in four years due to slow expansion
Dino Polska shares fell by more than 4% on Friday, reaching their lowest level since May 2022, after another analyst cut the company’s valuation. Bloomberg reported that the sell-off was driven by a slowdown in new store openings, which weakened the previous narrative of rapid growth. Dino opened 148 stores in H1 2026, up 12% y/y, increasing its network to 3,176 locations, including 86 openings in Q2. However, analysts said the pace was slightly below expectations and showed no clear annual acceleration.
Investors are also focused on pressure on sales growth and profitability, caused by food deflation, rising operating costs and price investments. Barclays and Morgan Stanley both lowered their target prices.
(pb.pl)
