Investing.com - Clas Ohlson B reported on Wednesday first quarter earnings that missed analysts' forecasts and revenue that was inline with expectations.
Clas Ohlson B announced earnings per share of kr-0.38 on revenue of kr2.04B. Analysts polled by Investing.com anticipated EPS of kr1.05 on revenue of kr2.04B.
Clas Ohlson B shares are down 41.44% from the beginning of the year , still down 42.07% from its 52 week high of kr138.80 set on Wednesday, January 5, 2022. They are under-performing the EUR/USD which is down 0% year to date.
Clas Ohlson B follows other major Consumer Discretionary sector earnings this month
Clas Ohlson B's report follows an earnings beat by New Wave Group B on Wednesday, August 17, 2022, who reported EPS of kr3.99 on revenue of kr2.02B, compared to forecasts EPS of kr3.39 on revenue of kr1.81B.
Synsam AB had missed expectations on Wednesday, August 24, 2022 with third quarter EPS of kr0.585 on revenue of kr1.4B, compared to forecast for EPS of kr0.8433 on revenue of kr1.34B.
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