Eurocash's loss widens in tough Polish grocery market
11/05/2026 06:48
May 11 (Reuters) - Polish retailer Eurocash EUR.WA said on Monday its loss widened slightly to 86.4 million zlotys ($24.0 million) in the first quarter, as it continued to battle weak consumer demand and intense competition in the grocery market. The results are the first test of Eurocash's 2026-2027 strategy, which combines a major cost-cutting drive with a long-term shift to an integrated franchise operator under its new STĄD brand. The net loss compares to a loss of 85.5 million zlotys a year ago Eurocash said it saw a disinflationary environment and shifts in consumer behaviour in its core Polish market Like-for-like sales in its own Delikatesy Centrum brand fell 2% due to the strategy rollout Most Eurocash franchise banners, however, delivered positive like-for-like growth Quarterly revenue fell 3.2% to 6.66 billion zlotys; core earnings (EBITDA) were broadly flat at 121.4 million zlotys ($1 = 3.6072 zlotys) (Reporting by Alicja Surdy, editing by Milla Nissi-Prussak) ((AlicjaEwa.Surdy2@thomsonreuters.com;))