Magnet

MGNT

Magnet
Currency

RUB

Country

Российская Федерация

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About This Company

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.

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Disclaimer: AI-generated stock predictions are for informational purposes only and do not constitute financial advice. Past performance does not guarantee future results. Always do your own research and consult a qualified financial advisor before making investment decisions. Investing involves risk, including possible loss of principal.