Tunis Monoprix Reports Q3 2026 Performance: Revenue Up 8.2% YoY, Store Network Expands to 90 Locations
Tunis, Tunisia – Société Nouvelle Maison de la Ville de Tunis (Monoprix) has released its key performance indicators for the third quarter of 2026, highlighting steady growth and operational efficiency.
Financial Performance
- Quarterly Revenue: Pre-tax revenue reached 258.712 million Tunisian Dinars (MTND), marking an 8.2% year-over-year (YoY) increase.
- Year-to-Date (YTD) Revenue: Since the beginning of the year, revenue has grown by 7.8%, totaling 670.858 MTND.
Store Network Expansion
The retail chain’s network now comprises 90 stores, an increase of two locations compared to September 2025. This expansion follows the recent openings of:
- The Hammamet store in April 2026.
- The Médina Jadida store in August 2026.
Human Resources & Cost Efficiency
- Workforce: The company employed approximately 3,651 staff members as of the end of September 2026, up slightly from 3,649 in the same period last year.
- Payroll Ratio: The ratio of payroll costs to pre-tax revenue improved to 7.56% in Q3 2026, down from 7.68% in the same quarter of 2025. This improvement is primarily driven by revenue growth outpacing payroll increases.
- YTD Payroll Ratio: For the first nine months of 2026, the payroll-to-revenue ratio stands at 8.95%, compared to 8.47% in 2025. The positive impact of the summer season and the back-to-school period helped boost sales, enabling the company to better absorb its fixed costs.
Financial Income & Expenses
- Financial Income: Quarterly financial income rose to 0.817 MTND from 0.654 MTND in 2025, driven mainly by increased investment returns.
- Financial Expenses: Financial charges totaled 0.946 MTND for the same period, representing a 15.1% YoY decrease.
- Net Financial Position: Despite financial income remaining below financial expenses in Q3, the overall financial balance through September 2026 is positive, with income exceeding expenses by 2.359 MTND.
Market Context & Challenges
While the reported figures are positive, the company acknowledges that the large-scale retail sector continues to face significant structural challenges, including:
- Erosion of consumer purchasing power.
- Shifts in consumer baskets toward lower-margin products.
- Intensifying competition from the parallel (informal) market.
Source: Société Nouvelle Maison de la Ville de Tunis (Monoprix) Q3 2026 Activity Indicators
