Sweden's Boozt Q1 revenue edges up; co to launch SEK 200 mln share buyback

BOOZT AB

23/04/2026 16:45

Overview

Sweden online fashion retailer's Q1 revenue grew 4% in constant currency, up 1% in SEK

Adjusted EBIT margin rose to 2.5% from 2.3% despite currency headwinds

Company completed SEK 415 mln share buyback in Q1, will launch new SEK 200 mln program

Outlook

Boozt confirms 2026 revenue growth outlook of 3–8% in constant currency, with higher end more likely

Company raises 2026 adjusted EBIT margin guidance to 5.6–6.8% from 5.3–6.5%

Result Drivers

BROAD PRODUCT OFFERING - Boozt said revenue growth was driven by a broader and more inspirational spring/summer product range, especially on Boozt.com

LOWER INVENTORY - Improved stock turn and lower inventory levels supported performance, according to the company

MARKETING EFFICIENCY - Marketing cost ratio improved due to shift away from offline channels and better efficiency

Company press release: ID:nMFN2H9Gps

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
SEK 1.66 bln
Q1 Adjusted EBIT
SEK 42 mln
Q1 Adjusted EBIT Margin
2.5%


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "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 SEK120.00, about 12.7% above its April 22 closing price of SEK106.50

The stock recently traded at 16 times the next 12-month earnings vs. a P/E of 17 three months ago

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.)