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 The privately held Schwarz Group that owns and operates Lidl and Kaufland stores posted revenue data for the fiscal year ending February 28th. Sales increased 9.6 percent from the previous fiscal year to $150 million. Lidl represented 76.9 percent of revenue and increased same store sales by 9.9 percent from the previous year. Retail chain Kaufland contributed 18.8 percent of revenue with a 7.5 percent increase over the previous fiscal year.
The four largest food retailers in Germany comprising Schwarz Group, Edeka, Rewe and Aldi comprise 75 percent of sales in 2020 estimated at $268 billion.
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Dieter Schwarz Owner of Group holding LIDL and Kaufland |