Jarir Marketing says Gulf sales climbed 29% in 2024

Jarir Marketing Co. posted a 29% jump in sales across its Gulf subsidiaries last year, with operations untouched by shipping disruptions that have hit some regional retailers, Chairman Muhammad Alagil said.

The gain was driven by steady inventory availability in markets where peers faced supply-chain bottlenecks, Alagil said. He did not disclose absolute revenue figures for the GCC operations.

The company's Gulf business – covering stores outside Saudi Arabia – has expanded through the cycle without interruption from Red Sea shipping delays or container shortages, according to the chairman. Jarir's wider retail network relies on diversified logistics routes, he added.

The Saudi-listed retailer reports full-year earnings in the coming weeks.