Fix Price, one of the leading variety value retailers globally and the largest in Russia, has successfully achieved its 2023 target by opening 751 net new stores.
As of 30 September 2023, Fix Price was operating 6,162 stores in Russia and neighbouring countries, all of them stocking approximately 2,000 SKUs across around 20 product categories. As well as its own private brands, Fix Price sells products from leading global names and smaller local suppliers. As of 30 September 2023, the Company was operating 12 DCs covering 80 regions of Russia and 8 neighbouring countries, including Georgia, Belarus, Uzbekistan, Latvia, Kyrgyzstan, Mongolia, Armenia and Kazakhstan. In Georgia the company owns 4 stores in Tbilisi and one in Rustavi.
In 2022, the Company recorded revenue of RUB 277.6 billion, EBITDA of RUB 54.2 billion and net profit of RUB 21.4 billion, in accordance with IFRS.
Fix Price has been helping its customers save money every day since 2007. Fix Price offers its customers a unique and constantly updated assortment of non-food goods, including personal care and household products, and food items at low fixed price points.