X5 Retail Jumps Most in Week as Fourth-Quarter Profit Climbs

X5 Retail Group NV climbed the most in almost a week after Russia’s largest food retailer said net income jumped 52 percent in the fourth quarter from the same period a year earlier to $134 million as it opened more stores.

The stock increased 3.3 percent to $23.51, the strongest intraday advance since April 13 as of 9:40 a.m. in London trading.

Sales gained 14 percent in the period to $3.97 billion, X5 said in a statement today. Full-year sales increased 37 percent to $15.5 billion.

Before it's here, it's on the Bloomberg Terminal. LEARN MORE