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DISTRIBUIDORA INTERNACIONAL DE ALIMENTACION ( (ES:DIA) ) has issued an announcement.
Dia reported a net sales increase of 2.9% in the fourth quarter of 2024, driven by a strong performance in Spain with a 7.1% increase in sales, gaining market share despite a challenging economic environment in Argentina. The company’s strategic focus on expanding its online business and enhancing customer loyalty through programs like Dia Club has contributed to its growth, while divestments in other regions such as Portugal and Brazil have impacted overall sales figures.
More about DISTRIBUIDORA INTERNACIONAL DE ALIMENTACION
Distribuidora Internacional de Alimentación, or Dia, is a company operating in the retail industry with a focus on grocery and food distribution. It primarily serves markets in Spain and Argentina, offering proximity shopping with competitive pricing and a balance between manufacturer brands and Dia’s own products.
YTD Price Performance: -10.0%
Average Trading Volume: 781,147
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €1.06B
See more insights into DIA stock on TipRanks’ Stock Analysis page.