Dubai grocer Spinneys freshens up with Dh815m Q1-2024 revenue

Dubai grocer Spinneys freshens up with Dh815m Q1-2024 revenue

Even as it was preparing for the IPO, heavily backed by retail and institutional investors, Spinneys was putting the final touches to its entry into Saudi Arabia, some time before this quarter is out. That would be the next big driver for Spinneys' medium-term growth, given that the brand already has a near 30 per cent share in its core Dubai market.

"We look forward to continue delivering exceptional value to our customers, achieving sustainable growth and creating long-term shareholder value," said Kumar. 

Dubai grocer Spinneys freshens up with Dh815m Q1-2024 revenue