Sweden's Boozt Q2 revenue rises on increased demand in women's fashion

BOOZT AB

14/08/2026 07:10

Overview
Sweden online fashion retailer's Q2 revenue grew 13% yr/yr, driven by increased customer activity
Adjusted EBIT margin for Q2 expanded to 6.5% from 3.4% yr/yr
Board expanded share buyback program limit to SEK 300 mln under AGM authorization

Outlook
Boozt expects 2026 revenue growth of 7-11% in constant currency
Company sees 2026 adjusted EBIT margin at 6.0-6.8%
Boozt plans further inventory ramp-up in Q3 to drive autumn/winter trading

Result Drivers
WOMENS FASHION DEMAND - Co said increased customer activity among women and a rebound in women's fashion drove growth acceleration in Q2
ASSORTMENT STRATEGY - Co said a broader and more inspirational assortment, with new brands and improved commercial execution, supported revenue growth
GROSS MARGIN IMPROVEMENT - Co attributed higher gross margin to more sales from Boozt.com versus Booztlet.com and reduced promotional activity
MARKETING EFFICIENCY - Co said increased marketing efficiency contributed to higher adjusted EBIT margin

Company press release: ID:nMFNbS5ZzW

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
 
SEK 2.06 bln
 
Q2 Adjusted EBIT
 
SEK 133 mln
 
Q2 Adjusted EBIT Margin
 
6.50%
 
Q2 Free Cash Flow
 
SEK 39 mln
 

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 1 "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 SEK152.50, about 5.7% below its August 13 closing price of SEK161.70
The stock recently traded at 20 times the next 12-month earnings vs. a P/E of 17 three months ago

Reuters Recommended Reads
Aug 13 - Luxembourg's Global Fashion Group Q2 revenue falls on lower order volumes
Aug 12 - Denmark's Matas Q1 revenue rises on E-commerce  strength
Aug 13 - Finland's Marimekko Q2 revenue misses estimates on weak domestic sales, costs hit profit

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.)