Finance
Pepco revenue rises in Q1 on strong growth for main budget brand
Published by Global Banking and Finance Review
Posted on January 15, 2026
Global Banking and Finance Review
Company
Published by Global Banking and Finance Review
Posted on January 15, 2026
GDANSK, Poland, Jan 15 (Reuters) - European discount retailer Pepco Group reported a 4.3% rise in first-quarter revenue to 1.4 billion euros ($1.6 billion) on Thursday, as solid growth at its core budget brand offset a weaker performance at its Dealz chain.
Like-for-like revenue for the Pepco brand rose by 3.3%, while the smaller Dealz chain, which the group is planning to sell, saw a 7.7% decline in the three months to the end of December.
($1 = 0.8595 euros)
(Reporting by Marta Maciag, editing by Milla Nissi-Prussak)
Revenue growth refers to the increase in a company's sales over a specific period, often expressed as a percentage. It indicates how well a company is performing in generating income from its core business activities.
A budget brand is a product line that is marketed at a lower price point, targeting cost-conscious consumers. These brands often focus on providing essential features at a more affordable price compared to premium brands.
Like-for-like revenue measures the sales growth of stores or products that have been open for a year or more, excluding new openings or closures. It helps assess the performance of existing operations.
A chain in retail refers to a group of stores or outlets that share a brand and operate under the same corporate structure. Chains can offer similar products and services across multiple locations.
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