Boozt shares jump 7% after retailer raises 2026 sales, margin outlook

Boozt shares experienced a significant surge of up to 7.6% on Tuesday, subsequently settling at a 5.3% increase after the Swedish e-commerce fashion giant revised its full-year revenue growth and profit margin projections. These optimistic forecasts were primarily driven by solid third-quarter trading results.

The company now anticipates a 9%-12% revenue growth in constant currency for 2026, a marked improvement from the earlier 7%-11% projection. Additionally, Boozt has adjusted its adjusted EBIT margin outlook to a range of 6.5%-7.0%, up from the previous 6.0%-6.8%. Early indications suggest that third-quarter revenue will have increased by 16% in constant currency and 16%-17% in Swedish crowns, with consistent double-digit growth across all product categories and markets.

The surge in shares was attributed to the company's observation of accelerated trading momentum since the first half of the year, coupled with a robust start to the autumn/winter collection sales. However, Boozt has cautioned that favorable weather conditions in September might have redirected some consumer demand earlier than the previous year.

Moreover, the preliminary adjusted EBIT margin for the third quarter was estimated at approximately 5.5%, up significantly from 4.0% a year ago. The company forecasts a 11% revenue increase in constant currency for the first nine months. Boozt believes that favorable currency movements, if sustained through the year-end, could provide a modest boost to the full-year revenue growth and adjusted EBIT margin.

Boozt is scheduled to release its complete third-quarter results on November 3rd. This article was AI-generated and subsequently reviewed by an editor. For further details, readers are directed to the Terms and Conditions.