Moroccan retail group LabelVie reported a revenue of 4.818 billion dirhams (approximately $482 million) for the first quarter of 2026, marking a 15.9% increase compared to the same period in 2025, according to the company's financial statement.
The growth was driven by strong performance in the hypermarket and supermarket segments, with like-for-like sales rising 8.2%. LabelVie operates under brands including Carrefour, Atacadão, and Supeco in Morocco.
The company attributed the results to improved customer traffic and effective promotional campaigns. LabelVie also continued its expansion, opening two new stores during the quarter.
