Finland's Tokmanni Q1 revenue rises 6.4%, slightly beats estimates

Tokmanni Oyj

08/05/2026 06:09

Overview

Finnish variety discounter's Q1 revenue rose 6.4%, slightly beating analyst expectations

Adjusted EBIT loss widened yr/yr, while diluted EPS remained at EUR -0.32

Company says sales benefited from low-price programme, new stores, and Easter timing

Outlook

Tokmanni sees 2026 revenue at EUR 1,780–1,860 mln

Company expects 2026 comparable EBIT of EUR 85–105 mln

Tokmanni plans phased rollout of new Dollarstore assortment through 2026 and 2027

Result Drivers

LOW-PRICE PROGRAMME AND CAMPAIGNS - Co said sales were supported by its low-price programme and popular campaigns, though these contributed to a lower gross margin

NEW STORE OPENINGS - Revenue growth was helped by new store openings in Sweden and Dollarstore segment

EASTER TIMING - The timing of Easter in March, compared to April last year, positively impacted sales

Company press release: ID:nWkrbWXycH

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Slight Beat*
EUR 363.60 mln
EUR 360.80 mln (5 Analysts)
Q1 EPS
-EUR 0.32
Q1 Adjusted EBITDA
EUR 21.10 mln
Q1 Adjusted EBIT
-EUR 13.70 mln


*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy", 3 "hold" and 2 "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 Tokmanni Group Oyj is €7.90, about 1.9% above its May 7 closing price of €7.75

The stock recently traded at 9 times the next 12-month earnings vs. a P/E of 9 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.)