Magnet (MGNT) Hmangaihna Thlan
AI forecast: MGNT
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Magnit is one of the leading food retail chains in Russia, operating under a multi-format model that includes neighborhood stores, supermarkets, pharmacies, and discounters. The company also produces food products under its own private labels and cultivates vegetables at its own facilities. As of the end of June 2023, the chain operated more than 28,300 retail outlets, covering over 75% of Russia’s regions. Magnit’s stores welcome approximately 17 million customers daily, and its loyalty program has more than 72 million members.
