started · updated
Dia posts profit drop as Spanish sales rise, aims for 100 new stores while keeping Argentina operation
Dia reported a 38% fall in net profit to €22.8 million for the first half of 2026, despite a 11.6% rise in Spanish gross sales to €2.954 billion. Adjusted EBITDA in Spain increased 17% to €160 million, lifting the margin to 6.5%. The retailer opened 58 supermarkets and closed 10, achieving a net gain of 48 stores and reaffirming its target of 100 net openings by year‑end. Club Dia now accounts for 57% of sales, up 12.7%, and own‑brand and fresh categories each grew over 14%.
In Argentina, Dia’s gross sales declined 12.4% to €722.5 million, pressured by a 37% depreciation of the peso. Local‑currency sales rose 20.3%, but EBITDA was negative €1.3 million and the unit posted a net loss of €24.4 million. The Argentine network comprises about 1,000 stores, roughly 245 owned and the rest franchised, employing around 7,700 people directly and through franchises. While rumours of a sale have surfaced, the group said it remains focused on sustaining the Argentine business and has no immediate plans to exit. Dia also reduced its net financial debt by 18% to €206 million, bringing its leverage down to 0.6 times EBITDA.
Entities
7‑Eleven Inc. · Argentina · Banco Santander · Grupo Dia · Martín Tolcachir · Mauricio Leyva · Seven & i Holdings · Spain
Claims
What the coverage asserts, and how many sources carry each claim.
- [● 3 SOURCES] Dia's Spanish gross sales reached €2.954 billion in the first half of 2026, up 11.6% year over year. theobjective.com · www.merca2.es · cincodias.elpais.com
- [● 2 SOURCES] Dia's net profit fell 37.9% to €22.8 million in the first half of 2026. www.merca2.es · cincodias.elpais.com
- [● 2 SOURCES] Dia opened 58 stores and closed 10 in the first half, achieving a net increase of 48 stores and targeting 100 net openings by year‑end. theobjective.com · www.larazon.es
- [● 2 SOURCES] Dia's adjusted EBITDA in Spain increased 17% to €160 million, raising the margin to 6.5%. theobjective.com · www.merca2.es
- [● 2 SOURCES] Dia's gross sales in Argentina fell 12.4% to €722.5 million in the first half of 2026. cronicadecantabria.com · www.merca2.es
- [● 2 SOURCES] Dia said it is focused on sustaining its Argentine business and has no plans to sell the subsidiary. cronicadecantabria.com · cuestionentrerriana.com.ar
- [○ 1 SOURCE] Dia's Argentine unit recorded a negative EBITDA of €1.3 million and a net loss of €24.4 million in the first half of 2026. www.merca2.es
- [○ 1 SOURCE] Dia reduced its net financial debt by 18% to €206 million, resulting in a leverage ratio of 0.6 times EBITDA. theobjective.com