Finland's Marimekko Q4 revenue misses estimates on global market challenges

Marimekko Oyj

12/02/2026 06:08

Overview

Finnish lifestyle design firm's Q4 revenue rose 1% yr/yr but missed analyst estimates

Q4 operating profit margin decreased due to higher fixed costs

International sales grew 5%, driven by Asia-Pacific retail and wholesale growth

Outlook

Comparable operating profit margin for 2026 estimated at 16–19%

Company plans to open 10–15 new stores in Asia in 2026

Result Drivers

ASIA-PACIFIC GROWTH - Retail and wholesale sales in the Asia-Pacific region drove Q4 net sales increase, despite global market challenges

HIGHER FIXED COSTS - Operating profit was negatively affected by increased fixed costs, particularly in marketing investments

NEW FLAGSHIP STORES - Openings in Paris and Hong Kong enhanced brand awareness and supported international sales growth

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Miss
EUR 54.70 mln
EUR 57.32 mln (5 Analysts)
Q4 EPS
EUR 0.17
Q4 Net Income
EUR 6.90 mln
Q4 EBIT
Miss
EUR 8.70 mln
EUR 10.32 mln (5 Analysts)
Q4 EBITDA
Miss
EUR 11.40 mln
EUR 12.58 mln (4 Analysts)
Q4 EBIT Margin
15.90%


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 1 "hold" and 1 "sell" or "strong sell"

The average consensus recommendation for the apparel & accessories peer group is "hold."

Wall Street's median 12-month price target for Marimekko Oyj is €14.00, about 7.7% above its February 11 closing price of €13.00

The stock recently traded at 19 times the next 12-month earnings vs. a P/E of 18 three months ago

Press Release: ID:nGNE75chMx

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.)