Expect FY19-20 SSSG target around 10%: Shoppers Stop

In an interview with CNBC-TV18, Govind Shrikhande, Customer Care Associate & MD at Shoppers Stop, spoke about the results and his outlook for the company.

CNBC-TV18

February 02, 2018 / 14:49 IST

Shoppers Stop posted a good set of Q3 results. They have also added 14 stores this quarter.

In an interview with CNBC-TV18, Govind Shrikhande, Customer Care Associate & MD at Shoppers Stop, spoke about the results and his outlook for the company.

Speaking about the target in terms of same-store-sales-growth (SSSG), he said that 7.5-8 percent definitely continues to be the target for FY18-19. FY19-20 target could be slightly higher than that, nearing 9-10 percent.

For full interview, watch accompanying video...

CNBC-TV18

first published: Feb 2, 2018 02:49 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347