Tokmanni Group Q2 2026 revenue rose 3.3% to EUR 457.7 million but missed consensus. Comparable EBIT EUR 21.0 million; guidance unchanged. Shares trade near EUR 7.2–7.4, down ~15% over 12 months.
Tokmanni Group Corporation reported second-quarter 2026 revenue of EUR 457.7 million, up 3.3% from EUR 442.9 million a year earlier, but short of the EUR 462.4 million consensus from five analysts. Comparable EBIT edged down to EUR 21.0 million from EUR 21.4 million, while the company posted a diluted loss per share of EUR 0.44. Like-for-like sales grew a modest 0.3%. Guidance for the full year was left unchanged. Shares of Tokmanni (HEL: TOKMAN) were trading around EUR 7.22–7.43 on the results day amid mixed sentiment.
Tokmanni Q2 Revenue Up 3.3% to EUR 457.7M; Comparable EBIT EUR 21.0M
Group revenue reached EUR 457.7 million in Q2 2026, a 3.3% increase year-over-year. Like-for-like revenue rose 0.3%. Comparable gross profit was EUR 158.5 million (margin 34.6%), compared with EUR 157.7 million (35.6%) a year earlier. Comparable EBIT came in at EUR 21.0 million, or 4.6% of revenue, slightly below the prior year’s EUR 21.4 million (4.8%). Diluted earnings per share were a loss of EUR 0.44 versus a profit of EUR 0.17 in Q2 2025.
By segment, Tokmanni revenue grew 2.3% to EUR 329.6 million, with comparable EBIT improving to EUR 22.3 million (margin 6.8%). Dollarstore revenue rose 7.7% to EUR 130.2 million, but the segment recorded a comparable EBIT loss of EUR 0.4 million. Non-cash items of EUR 24.3 million goodwill impairment and EUR 12.0 million inventory write-down related to Dollarstore were recognised.
Customer visits increased 1.8%. Growth was supported by the group-wide low-price programme, a solid spring/summer season and new store openings. For the first half of 2026, group revenue rose 4.7% to EUR 821.3 million.
Tokmanni Shares Trade Near EUR 7.2–7.4 After Q2; Down 15% Over 12 Months
Tokmanni shares (HEL: TOKMAN) closed the previous session near EUR 7.22–7.38 and traded in a range of roughly EUR 7.22–7.47 on the results day, with modest gains of about 0.6% in early trading after the release. The stock has underperformed over longer periods: it is down approximately 15% over the past 12 months and roughly 3–6% year-to-date in 2026. The 52-week range stands at EUR 6.13–9.91, with a current market capitalisation of around EUR 420–430 million. Analysts’ average price target is near EUR 6.78–7.28.
The modest revenue miss versus consensus and soft comparable EBIT, driven by Dollarstore’s higher costs, limited upside, while the unchanged full-year guidance and solid Tokmanni-segment performance provided some support.
Tokmanni Group: Nordic Discounter with EUR 1.73B Revenue in 2025
Tokmanni Group is a leading Nordic variety discounter listed on Nasdaq Helsinki. The Tokmanni segment (Finland) delivered solid performance with improved margins, while the Dollarstore segment (Sweden) continues its turnaround. In 2025 the group generated revenue of EUR 1,728 million and comparable EBIT of EUR 85 million. Preparations for the autumn and Christmas seasons are progressing as planned.
Tokmanni Confirms Full-Year Guidance Unchanged
Tokmanni maintained its 2026 guidance of revenue between EUR 1,780 million and EUR 1,860 million and comparable EBIT of EUR 85–105 million. Investors will watch for updates on the Dollarstore turnaround and second-half consumer demand. The next scheduled report is Q3 2026 results.