GDANSK, Oct 28 (Reuters) - Polish convenience store chain Zabka ZAB.WA on Tuesday reported better-than-expected third-quarter earnings, driven by an expanding store network and sales growth.
WHY IT'S IMPORTANT
Zabka is one of the largest convenience store chains in Poland, with a market capitalisation of about 21.75 billion zlotys ($5.98 billion).
The retailer recently raised its forecast for new store openings to more than 1,300 stores in 2025, up by 200 compared to its previous target, citing a better than expected access to prime retail locations and steady consumer demand.
CONTEXT
Zabka's growth strategy is based around a franchise model that enables rapid expansion. In the first nine months of 2025 the company opened 1,127 new stores.
Zabka is also moving beyond its home market, having introduced its "Froo" brand in Romania.
The company debuted on the Warsaw Stock Exchange in October 2024 and later joined the Polish blue-chip index WIG20 .WIG20.
BY THE NUMBERS
The company reported third quarter adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) of 1.28 billion zlotys ($351.99 million), surpassing a Reuters poll estimate of 1.25 billion zlotys.
Zabka's net profit rose 45.2% to 463 million zlotys in the third quarter, while its revenue grew 13.1% to 7.44 billion zlotys in the same period.
($1 = 3.6365 zlotys)
(Reporting by Marta Maciag and Julia Kotowska, editing by Milla Nissi-Prussak and Matt Scuffham)
((Marta.Maciag@thomsonreuters.com;))