Spinneys has posted double-digit growth in both sales and profit for FY25, as the supermarket chain expanded its network and gained market share.
The company’s annual revenues reached AED3.6 billion (US$980 million), representing a 13.1 per cent increase, driven by strong like-for-like growth and higher online penetration.
During the year, the chain opened 13 new stores in the UAE and KSA, resulting in a 12.4 per cent increase in gross selling area.
Transaction volume grew 13.1 per cent, reflecting growing customer demand on the back of supportive macroeconomic dynamics, while the average basket size decreased slightly.
Profit for the period soared 14.5 per cent to AED332 million, on the back of higher fresh and private label sales participation.
“Our strong performance in 2025 reflects the strength of the Spinneys brand as well as the effectiveness of our strategy to deliver high quality fresh food and convenience across every channel,” said Sunil Kumar, CEO at Spinneys.
“As we look ahead, we remain focused on advancing our expansion plans in the GCC and Southeast Asia, further growing our digital platforms, and continuing to set new benchmarks for premium grocery retail,” Kumar added.
Founded in 1961, Spinneys now has 91 stores across the UAE, Oman and Saudi Arabia.