Spanish discount retailer Dia has recorded a “solid” first quarter with earnings boosted by “strong” sales momentum in Brazil and Argentina.

In the three-month period, net profit reached EUR15.6m (US$20.4m), a 10.2% increase on the prior year period. EBIT climbed 16.3% to EUR47.5m.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more

Sales edged up to EUR2.35bn from EUR2.34bn last year, while like-for-like sales increased 0.4%, negatively calendar effects and bad weather in Iberia, Dia said.

The retailer said it is on-track to deliver full-year double-digit underlying EPS growth.

Click here to view the full release.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Just Food Excellence Awards - The Benefits of Entering

Gain the recognition you deserve! The Just Food Excellence Awards celebrate innovation, leadership, and impact. By entering, you showcase your achievements, elevate your industry profile, and position yourself among top leaders driving food industry advancements. Don’t miss your chance to stand out—submit your entry today!

Nominate Now