Stokrotka to increase LfL sales by 3%
17:45
Polish supermarket chain Stokrotka plans to maintain like-for-like (LfL) sales growth at 3 percent above the market, the retailer's CEO Dariusz Kalinowski confirmed during a press conference. In Q1 2016, Stokrotka adjusted 6.5 percent LfL sales growth.
Moreover, the officials expect EBITDA margin improvement in 2016. Emperia is also counting on a q/q improvement in Stokrotka's Q2 gross margin, the CEO said.
Recently, Stokrotka announced an aim to launch 100 new shops, the majority of which are supposed to be opened in summer and autumn 2016. Currently, Stokrotka owns 241 supermarkets, 56 minimarkets and 30 franchise stores all around Poland.
