Published by Global Banking & Finance Review®
Posted on January 15, 2026
1 min readLast updated: January 19, 2026
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Pepco Group's Q1 revenue rose by 4.3% to 1.4 billion euros, driven by the core Pepco brand's growth, while Dealz chain faced a decline.
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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