Earnings call transcript: Fiskars Q3 2026 results lift shares 7.4%
Fiskars Group reported strong Q3 2026 results, with comparable net sales up 3% on a like-for-like basis and comparable EBIT increasing 44% year over year to EUR 20.2 million. Free cash flow improved to EUR 40 million, and earnings per share (EPS) came in at EUR 0.14, matching expectations. The company's shares rose 7.42% in premarket trading to $14.18, nearing its 52-week high of $14.60.
Fiskars CEO Jyri Luomakoski stated that the company is weathering the unstable macroeconomic environment well. The quarter's growth was driven by both its home goods and tools business areas, with the premium brands from Business Area Vita continuing to perform well. Management maintained full-year 2026 guidance unchanged, with expectations of 3% comparable net sales growth and 3.6% reported currency growth.
Despite facing a long inventory normalization process and a production curtailment program, Fiskars remains confident in its trajectory.
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