Russian retailer Lenta Q1 sales rise 37.3 pct
Russian food retailer Lenta , fresh from a nearly $1-billion share sale, reported on Thursday a 37.3…Russian food retailer Lenta , fresh from a nearly $1-billion share sale, reported on Thursday a 37.3-percent rise in first-quarter sales from a year ago.
Total revenue rose to 39.6 billion roubles ($1.10 billion) as like-for-like sales grew 13.6 percent, year-on-year, and its store chain increased to 89 from 57 the year earlier, the company said in a statement.