Clas Ohlson Q1 2026/27 slides: profit jumps 40%, margins expand

Swedish furniture retailer Clas Ohlson reported strong first-quarter results for its 2026/27 fiscal year, with operating profit up 40% year-over-year and earnings per share increasing 45% to 4.75 SEK. Total sales grew 16% to 3,278 MSEK, while operating margin expanded to 12.0% from 9.9%. Return on capital employed reached 34.9%, exceeding the company's 30% target.

The retailer's Q1 presentation highlighted its differentiated market position through an integrated omnichannel approach, with 250 physical stores and 22% of revenue coming from online sales. Clas Ohlson's strategic framework focuses on growth ambitions with profitability and shareholder returns, setting targets of 5% organic sales growth per year and an operating margin of around 12% annually.