Douglas quarterly sales meet estimates, margins under pressure
Photo: Reuters
German beauty retailer Douglas reported first-quarter sales of €1.67 billion ($1.94 billion), in line with market expectations. Analysts had forecasted €1.68 billion.
The company said increased consumer price sensitivity during the holiday shopping season weighed on margins, leading to weaker-than-expected profitability, News.Az reports, citing Reuters.
Douglas confirmed its full-year sales forecast of €4.65–4.8 billion for the financial year ending September 2026.
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