** Shares in Finnish budget retailer Tokmanni TOKMAN.HE falls more than 15%, after it reported a miss on its Q3 revenue and EBIT lines, and trimmed its full-year outlook
** Its Q3 revenue came in at EUR 432.8 million ($504.73 million), missing the IBES estimate of EUR 441.8 million
** Quarterly adjusted EBIT of EUR 26.4 million came below the Inderes estimate of EUR 30.7 million, due to weak performance at Dollarstore, Inderes says
** The board of Directors decided not to pay a second dividend to strengthen the balance sheet, the company also said
** "The valuation had fallen before the report, but we do not believe the report will be sufficient for investors and we expect a negative reaction in the share price," Inderes says
** Tokmanni trimmed its full-year outlook range for revenue to EUR 1,710-1,750 million (previously EUR 1,700-1,790 million), and comparable EBIT to EUR 85-95 million (previously EUR 85-105 million)
** If losses hold, Tokmanni shares will track their worst day ever
($1 = 0.8575 euros)
(Reporting by Elviira Luoma)
((Elviira.luoma@thomsonreuters.com))