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Lithuania's Apranga 9M sales rise on online growth and store expansion

By Reuters News


Overview

  • Lithuania fashion retailer's 9-month 2026 retail turnover rose 9.4% yr/yr to EUR 290.8 mln

  • Pretax profit for 9 months 2026 increased to EUR 19.2 mln from EUR 14.8 mln

  • EBITDA for 9 months 2026 rose to EUR 36.5 mln from EUR 32.1 mln


Outlook

  • Apranga Group targets 2026 turnover including VAT of €399 mln, 7.3% above 2025

  • Company plans to renovate or open 11 stores in 2026


Result Drivers

  • GROSS-MARGIN EXPANSION – Gross profit grew faster than sales, lifting gross margin to 44.9% from 44.6%

  • OPERATING-EXPENSE LEVERAGE – Operating expenses rose 6.8%, below 9.1% sales growth, helping operating profit increase 26.8%

  • ONLINE AND STORE EXPANSION – Online turnover rose 11.9% to €38.4 mln; the group opened six stores and expanded selling area 1.1%


Company press release:


Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

9M EBITDA

EUR 36.50 mln

9M Pretax Profit

EUR 19.20 mln


Reuters Recommended Reads

  • Oct 28 - Lithuania's Artea Bank 9M net profit falls on higher impairment provisions

  • Oct 28 - China's Topsports interim revenue drops on weak demand

  • Oct 27 - UK's Reckitt Q3 like-for-like revenue rises 3.2% on Emerging Markets growth


For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.


(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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