Sweden's RVRC Q4 sales rise, gross margin improves
Sweden's RVRC Q4 sales rise, gross margin improves
Overview
Sweden outdoor apparel maker's Q4 sales rose 3% in local currencies
Adjusted EPS for Q4 increased to SEK 0.49 from SEK 0.46
Board proposes raising annual dividend to SEK 1.50 per share
Outlook
Company did not provide specific guidance or outlook commentary for future periods
Result Drivers
GROSS MARGIN IMPROVEMENT - Co reported higher gross margin in Q4 compared to prior year
Company press release: ID:nMFN2Mj2fK
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q4 Revenue |
| SEK 414 mln |
|
Q4 Adjusted EPS |
| SEK 0.49 |
|
Q4 Gross Margin |
| 72.20% |
|
Q4 EBIT |
| SEK 66 mln |
|
Q4 EBIT Margin |
| 15.90% |
|
Q4 Gross Profit |
| SEK 299 mln |
|
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the apparel & accessories retailers peer group is "buy"
Wall Street's median 12-month price target for RVRC Holding AB is SEK81.50, about 30.7% above its August 10 closing price of SEK62.35
The stock recently traded at 16 times the next 12-month earnings vs. a P/E of 15 three months ago
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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.)