Online fashion retailer Boozt Q3 revenue rises on wider assortment

BOOZT AB

03/11/2026 07:09

Overview
Nordic online fashion retailer's Q3 revenue rose 17% in SEK, with double-digit growth across categories
Adjusted EBIT margin for Q3 improved to 5.5% from 4.0%
Free cash flow fell sharply due to inventory build-up and one-off tax payment

Outlook
Boozt now sees 2026 revenue growth of 9-12% in constant currency
Company expects 2026 adjusted EBIT margin of 6.5-7.0%
Company expects 2026 revenue growth at high end of 9-12% guidance range

Result Drivers
ASSORTMENT EXPANSION - Co said revenue growth was driven by a wider and more inspirational assortment on Boozt.com
LESS DISCOUNTING - Co attributed improved gross margin to reduced discounting following strategic repositioning
CATEGORY AND MARKET GROWTH - Co said all categories and major markets saw double-digit growth, with women’s fashion accelerating further

Company press release: ID:nMFN7QrM3m

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
 
SEK 1.95 bln
 
Q3 Adjusted EBIT
 
SEK 107 mln
 
Q3 Adjusted EBIT Margin
 
5.50%
 
Q3 Free Cash Flow
 
SEK 11 mln
 

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the department stores peer group is "buy"
Wall Street's median 12-month price target for Boozt AB is SEK165.00, about 3.7% above its November 2 closing price of SEK159.10
The stock recently traded at 17 times the next 12-month earnings vs. a P/E of 21 three months ago

Reuters Recommended Reads
Nov 3 - Zalando Q3 revenue slightly beats estimates on B2B expansion 
Nov 3 - Retailer Zalando beats quarterly sales expectations as it taps on AI agents
Nov 3 - Sweden's Truecaller posts Q3 loss due to provision charge in India, sales drop

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)