Part 3/9:
The company is not envisaging an economic recovery any time soon, with projections leaning toward an uncertain 2025. They reported a slight growth of 1.2% in same-store sales for the previous quarter; however, this was driven by a 2.3% increase in the average transaction amount, while customer traffic fell by 1.1%. As inflation continues to pinch budgets, it is evident that customers are spending more only because prices have increased, not because they are consuming significantly more goods.