Nelly's Q2 2026 net revenue declined 4.3%
Operating margin fell to 9.3% due to assortment issues, but own brand share and return rate improved.
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Nordic online fashion retailer for young women and men
nellygroup.comLast updated
In short: Nelly Group faced a sharp decline in Q1 2026 performance due to assortment issues after achieving strong growth and profitability in 2025.
Operating margin fell to 9.3% due to assortment issues, but own brand share and return rate improved.
The board resolved to repurchase up to SEK 30m in shares to optimise capital structure, with proposed cancellation at next AGM.
Net revenue decreases 1.8% to SEK 243.3 million. Gross margin rises to 55.3%, but operating profit falls to SEK 8.0 million. CEO reaffirms strategy.
The store arrives on Fredsgatan. They eagerly await visitors.
Earnings call Nelly Group delivered a strong Q3 2025, with net revenue rising 18.4% YoY to SEK 283.7 million and operating margin improving to 15.3...
Dramatic share price drop after Nelly's depressing report. The fashion miss lowers sales. "Obviously the confidence in the company is damaged", says Esbjörn Lundvall, equity strategist.
Earnings call Nelly Group reported a challenging Q1 2026 with net revenue down 1.8% YoY to SEK 243.3 million and operating margin dropping to 3.3...
The Board of Directors of Nelly Group AB (publ) ("Nelly") has, based on the authorisation from the Annual General Meeting on 18 May 2026, resolved...
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