Sweden's Rugvista Q1 revenue rises 7.6%, gross margin improves

Rugvista AB (publ)

07/05/2026 06:39

Overview

Sweden carpet e-tailer reported Q1 revenue up 7.6% yr/yr, organic growth 12.5%

Gross margin improved to 64.9% from 64.0%

Operating profit and net income fell due to higher marketing investments

Outlook

Company maintains focus on improving marketing efficiency and increasing operating margin

Result Drivers

HIGHER MARKETING SPEND - Co said lower operating margin was primarily due to increased marketing investments to drive demand and strengthen market position

GROSS MARGIN IMPROVEMENT - Gross margin rose to 64.9% from 64.0%, which co attributed to continued development of its offering, assortment, and commercial efforts

ORDER GROWTH - Number of orders increased 6.5% yr/yr and average order value rose 0.4%

Company press release: ID:nWkr7Tp5ns

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
SEK 212 mln
Q1 Net Income
SEK 18.40 mln
Q1 Gross Margin
64.90%
Q1 EBIT
SEK 23.90 mln
Q1 EBIT Margin
11.30%


Analyst Coverage

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

The average consensus recommendation for the department stores peer group is "buy."

Wall Street's median 12-month price target for Rugvista Group AB (publ) is SEK90.00, about 70.1% above its May 6 closing price of SEK52.90

The stock recently traded at 12 times the next 12-month earnings vs. a P/E of 16 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.)