France · Delayed Price · Currency is EUR Maisons du Monde Earnings Call Transcripts
Fiscal Year 2025
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Q4 and FY sales declined, but H2 showed stabilization and growth in international markets. Retail stores remained resilient, while online sales improved but still lagged. Cost discipline, digital transformation, and enhanced marketing are key 2026 priorities.
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Q3 2025 saw a 4.9% sales increase, with strong growth in Southern Europe and improved customer satisfaction. The company continues its transformation, focusing on new store concepts, digital tools, and category expansion, while maintaining caution amid ongoing market uncertainty.
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Net sales fell 9.7% year-over-year, but sequential improvements and a rebound in online traffic were seen. EBIT was negative at EUR -22 million, with cost-saving measures and inventory buildup expected to support H2 recovery. Positive trading momentum continued into July.
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Q1 2025 sales declined 9.9% like-for-like amid tough market conditions, but transformation efforts, store renovations, and international markets showed resilience. The free cash flow target was extended to 2027, and online sales are expected to recover as marketing strategies are adjusted.
Fiscal Year 2024
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2024 saw a major transformation with a focus on omnichannel balance, cost savings, and customer engagement, resulting in EUR 15 million free cash flow despite sales declines. Gross margin remained strong, and the company is on track for its EUR 100 million cash target by 2026.
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Q4 sales declined 9.5% year-over-year, but performance improved versus Q3 amid a tough market. Cost savings, positive free cash flow, and strong customer engagement through loyalty and renovations support cautious optimism for 2025, despite ongoing macroeconomic headwinds.
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Q3 2024 sales fell 15.3% year-over-year due to macro headwinds and store renovations, but September showed improvement. Transformation initiatives, cost savings, and new customer programs are progressing, with Q4 expected to see reduced renovation impact and continued financial discipline.
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H1 2024 saw a 9.6% sales decline and a €5.8M EBIT loss, but transformation initiatives are delivering strong results in revamped stores. Cost savings and inventory optimization supported stable free cash flow, with no major margin changes expected in H2.