Norway textiles retailer Kid's Q4 sales growth misses estimates on decline in Hemtex unit

Kid ASA

09/01/2026 06:41

Overview

Norway home textiles retailer's Q4 revenue rose 1.5% but missed analyst expectations

Kid Interior segment Q4 revenue grew 4.4%, driven by online sales increase

Hemtex segment Q4 revenue decreased 2.6%, with a decline in online sales

Outlook

Kid ASA did not provide specific guidance for future quarters or fiscal years

Result Drivers

ONLINE SALES GROWTH - Kid Interior segment saw a 23.5% increase in online sales, contributing to its 4.4% revenue growth

HEMTEX REVENUE DECLINE - Hemtex segment experienced a 2.6% drop in Q4 revenue, with a notable 8.2% decrease in online sales

STORE EXPANSION - Kid ASA opened one new store, refurbished five, and relocated two during the quarter, ending with 160 stores

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Miss
NOK 1.45 bln
NOK 1.53 bln (4 Analysts)

Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the home furnishings retailers peer group is "buy"

Wall Street's median 12-month price target for Kid ASA is NOK167.50, about 27.1% above its January 8 closing price of NOK131.80

The stock recently traded at 13 times the next 12-month earnings vs. a P/E of 14 three months ago

Press Release: ID:nWkr3LJR5y

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(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.)