Nelly presents Q3 results with growth and CEO change
Revenue increased by 10.3% to SEK 313.1 million. CEO Helena Karlinder-Östlundh is leaving, and the company is conducting a share buyback of SEK 30 million.
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Nordic fashion retailer targeting young women and men
nellygroup.comLast updated
In short: Nelly reported Q3 2026 revenue growth but weaker profitability and announced a CEO change.
Revenue increased by 10.3% to SEK 313.1 million. CEO Helena Karlinder-Östlundh is leaving, and the company is conducting a share buyback of SEK 30 million.
Revenue rose 10.3% to 240 MSEK, while operating margin decreased to 13.5%. Active customers grew in the Nordics and Germany.
Net sales fell by 4.3%. CEO Helena Karlinder-Östlundh notes a lack of accuracy in purchases and initiates an in-depth effort to strengthen the brand.
Revenue fell by 1.8% to 243.3 MSEK. The CFO was replaced and the private label share increased to 62.7%. Profitability was affected by investment costs.
Q3 2026 - Financial highlights• Net revenue was SEK 313.1 (283.7) million, corresponding to growth of 10.3% (18.4%)• Gross profit was SEK 177.0 (161.2) million...
Nelly Group reported Q2 2026 net revenue of SEK 346.3 million, down 4.3% YoY, with operating margin declining to 9.3% from 15.3% due to assortment...
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% from 10.5...
Earnings call Nelly Group reported Q1 2025 revenue of SEK 247.8M, up 11.5% YoY, with operating profit surging to SEK 19.9M from SEK 1.4M. Gross...
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