Nelly presents Q1 2026 Interim Report
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.
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Nordic online fashion retailer for young women
nellygroup.comLast updated
In short: Nelly reported declining profits in Q1 2026 despite previous growth, while continuing a legal battle against Shein and expanding its physical stores.
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.
Net sales increased by 15.5% to 1,263.6 MSEK and the operating margin to 13.2%. Growth and profitability improved despite challenging market.
Nelly celebrates the positive reception and customer interactions during the opening weekend.
Two Sigma Investments has reduced its short position in e-commerce company Nelly Group to below 0.50 percent of the share capital and is therefore no...
"The pub is the only thing standing and that gives us hope," said Stew. "Nelly's could rise from the ashes at some point, but it's...
Nelly's shareholders are hit by the second report disappointment in a row as the share price plummets around 40 percent. The clothing company's CEO says that they have had difficulty acting in...
Release Date: April 28, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Positive Points Nelly Group...
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