Magnit

MGNT

RU000A0JKQU8

Food Retail & Distribution

End-of-day quote Moscow Micex - RTS Other stock markets 06:00:00 2022-07-07 pm EDT			5-day change	1st Jan Change
4,439 ^RUB	+0.43%		-.--%	-.--%

2023	Russia's Magnit completes $736 mln buyback from foreign shareholders	RE
2023	Russian retailer Magnit buys back additional block of shares from foreign investors	RE

Public Joint Stock Company Magnit Announces Revenue Results for the Second Quarter Ended June 30, 2022

July 28, 2022 at 02:00 am EDT

Public Joint Stock Company Magnit announced revenue results for the second quarter ended June 30, 2022. For the quarter, the company's total revenue increased by 38.7% y-o-y to RUB 588.6 billion.

Latest news about Magnit

Russia's Magnit completes $736 mln buyback from foreign shareholders	Nov. 24	RE
Russian retailer Magnit buys back additional block of shares from foreign investors	Nov. 24	RE
Western investors spooked as Moscow mulls compulsory share purchase plan	Nov. 16	RE
Russian retailer Magnit to buy back 7.8% of shares in additional tender	Nov. 15	RE
Russia's Magnit acquires KazanExpress online platform	23-10-19	RE
Public Joint Stock Company Magnit entered into an agreement to acquire Marketplace Technologies LLC from AliExpress Russia JV, Sergei Yeremeyev, Linara Khusnullina and Kevin Khanda.	23-10-18	CI
Russian retailer Lenta buys Monetka chain in cash and debt takeover	23-10-17	RE
Russia's Magnit launches extra buyback offer after strong foreign demand	23-10-10	RE
Magnit Alyans LLC agreed to acquire a 7.9% stake in Public Joint Stock Company Magnit for RUB 17.8 million.	23-10-09	CI
Russian firms must return some shares to stock market after buybacks from foreigners -finance minister	23-09-21	RE
Russia's Magnit fully completes $507 mln buyback of blocked shares	23-09-14	RE
Public Joint Stock Company Magnit Reports Earnings Results for the Half Year Ended June 30, 2023	23-08-31	CI
Russia's Magnit finalises buyback of blocked shares from Western investors	23-08-10	RE
Russia's Magnit to buy back around 21.5% of shares from Western investors	23-07-26	RE
JP Morgan says client shares in Russia's Magnit may be missing	23-07-14	RE
JP Morgan says client shares in Russia's Magnit may be missing	23-07-13	RE
Clearstream suspends processing of new Russian share conversions after EU sanctions	23-06-29	RE
Rouble slides to 87 vs dollar on domestic political risk	23-06-29	RE
Russia's Magnit may double buyback offer after strong demand -sources	23-06-28	RE
Russian rouble recovers some ground after volatile week	23-06-19	RE
Public Joint Stock Company Magnit Reports Earnings Results for the Full Year Ended December 31, 2022	23-06-16	CI
Russia's Magnit offers to buy back foreigners' shares at 50% discount	23-06-16	RE
Russia's Magnit offers to buy back blocked shares from foreign shareholders	23-06-16	RE
Russia's Magnit opens first 'hard discount' stores	23-02-28	RE
Russian retailer O'Key expects revenue surge from discount stores	23-01-31	RE

PJSC Magnit is one of the Russian leaders of retailing. Net sales break down by activity as follows: - retail distribution (97.4%); - wholesale distribution (2.6%). As of the end of 2021, the group had a network of 26,077 outlets, under the Magnit name, located in Russia and broken down primarily between convenience stores (16,190), cosmetics stores (6,966) and hypermarkets (470). All sales are in Russia.

Sector

Food Retail & Distribution

Calendar

2024-04-30 - Q1 2024 Earnings Release (Projected)

More about the company

Income Statement Evolution

More financial data

Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

70.43 USD

Average target price

91.07 USD

Spread / Average Target

+29.30%

Consensus

EPS Revisions

Estimates Revisions

Annual profits - Rate of surprise

Company calendar

Sector Other Food Retail & Distribution

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GEORGE WESTON LIMITED	+12.78%	17.95B
CP ALL	+3.12%	14.01B

Other Food Retail & Distribution

Magnit

Equities

MGNT

RU000A0JKQU8

Food Retail & Distribution

Public Joint Stock Company Magnit Announces Revenue Results for the Second Quarter Ended June 30, 2022

Latest news about Magnit

Chart Magnit

Company Profile

Income Statement Evolution

Analysts' Consensus

EPS Revisions

Annual profits - Rate of surprise

Sector Other Food Retail & Distribution