Dino Polska Third-Quarter Profit Misses Forecasts on Margin Squeeze
Dino Polska reported third-quarter net profit of 483 million zlotys ($123.42 million), below the 492 million zlotys expected in a Reuters poll. Food-price deflation and rising costs squeezed margins.
Polish discount grocer Dino Polska GPW:DNP on Thursday reported third-quarter net profit of 483 million zlotys ($123.42 million), missing estimates of 492 million zlotys in a Reuters poll as food-price deflation and rising costs squeezed margins.Poland's grocery sector is experiencing price deflati…