MOSCOW, Oct 12 (Reuters) - Russian food retailer O'Key
reported on Friday a 4.5 percent rise in third-quarterlike-for-like (LFL) sales, after an increase of 4.0 percent inthe previous quarter.
"The increase in food inflation had a positive impact on ouraverage basket at the same time our traffic remained stable. LFLrevenue accelerated throughout Q3, with July being the lowestpoint and September posting higher LFL than our full yearguidance," O'Key said in a statement.
Total net retail sales rose 26.1 percent, year-on-year, tostand at 27.5 billion roubles ($886.55 million), driven bygrowth in selling space.
($1 = 31.0190 Russian roubles)
(Reporting by Maria Kiselyova; Editing by Katya Golubkova)
Keywords: O'KEY SALES/