Sweden's Clas Ohlson Q4 sales rise on e-commerce growth

Clas Ohlson AB

03/06/2026 06:11

Overview
Sweden retailer's Q4 net sales rose 11% yr/yr, driven by 9% organic growth
Q4 operating profit increased 66% yr/yr, EPS rose to 2.18 SEK
Company proposes total dividend of 14 SEK per share, including extraordinary dividend

Outlook
Company will present new financial targets for the next three years at Capital Markets Day
Company expects e-commerce to continue growing faster than total sales
Clas Ohlson expects to invest about 600 MSEK in 2026/27, mainly in logistics

Result Drivers
PRODUCT ASSORTMENT RENEWAL - Co said continuous renewal of its product range, including launches in outdoor lighting and garden equipment, drove relevance and customer traffic
ONLINE SALES GROWTH - Co reported strong growth in e-commerce, with online sales up 25% yr/yr and accounting for 24% of total net sales in Q4
STORE EXPANSION - New store openings, particularly at the end of the quarter, contributed to organic growth and increased accessibility for customers

Company press release: ID:nWkr5Tx76N

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Sales
 
SEK 2.61 bln
 
Q4 EPS
 
SEK 2.18
 
Q4 Net Income
 
SEK 139 mln
 
Q4 EBIT
 
SEK 180 mln
 

Analyst Coverage
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 1 "hold" and 1 "sell" or "strong sell"
The average consensus recommendation for the home improvement products & services retailers peer group is "buy."
Wall Street's median 12-month price target for Clas Ohlson AB is SEK410.00, about 3.6% above its June 2 closing price of SEK395.80
The stock recently traded at 18 times the next 12-month earnings vs. a P/E of 20 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.)