Q3 2023 LPP SA Earnings Call Transcript
Hi. Welcome. Magda Kopaczewska, Investor Relations, LPP; and Przemyslaw Lutkiewicz, VP Chairman of the management board. Welcome to our results conference for the Q3, where we will tell you what has happened ever since we met you during our last meeting. We'll talk about our financial results for the third quarter, and we'll also tell you about our plans, short-term plans for the future.
Towards the end, we'll traditionally invite you to ask your questions.
And we shall start with Black Friday. Black Friday, that is the period of promotions and an increase in sales that lasted ever since Thursday preceding Black Friday, until Monday. So the so-called Black Week. We are very happy about this year's results of Black Week, and that is because we've noted double-digit increases in revenues in both channels and omnichannel, comparing our results to the previous year at the same period.
What we are most happy about is higher gross margin on sales within this period. In division and to channels, you can see that the shopping
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