France's Maisons du Monde Q3 sales fall on delivery delays

Maisons du Monde SA

22/10/2026 18:10

Overview
France home and decoration retailer's Q3 sales declined 21% yr/yr due to delivery delays
Sales fell across both retail and online channels, with online sales down 30%
Company confirmed €30 mln gross cost savings target for FY26 to offset sales pressure

Outlook
Maisons du Monde confirms €30 mln gross cost savings target for FY26
Company expects product availability to normalize by end-2026
Marketing initiatives being stepped up to drive in-store and online traffic in coming months

Result Drivers
DELIVERY DELAYS - Co said temporary late deliveries led to product availability constraints, strongly impacting sales, especially in the second half of the qtr
LOWER PROMOTIONS - Scaled-back promotional intensity contributed to sales decline, especially in Furniture segment
CHALLENGING MARKET - Co cited a tough retail environment, with declining store traffic and a weaker French furniture market
ONLINE SALES DECLINE - Online sales fell 30.3% to €42.6 million

Company press release: ID:nGNEPt1gd

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Sales
 
EUR 176.3 mln
 
Q3 GMV
 
EUR 211.8 mln
 

Analyst Coverage
Wall Street's median 12-month price target for Maisons du Monde SA is €1.80, about 833.6% above its October 22 closing price of €0.19

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Oct 22 - France's SMCP Q3 sales fall on weak demand

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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.)