Investing.com - Clas Ohlson reported on Wednesday third quarter earnings that missed analysts' forecasts and revenue that was inline with expectations.
Clas Ohlson 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 shares are down 41.44% from the beginning of the year , still down 41.91% from its 52 week high of kr138.50 set on Friday, January 7, 2022. They are under-performing the EUR/USD which is down 0% year to date.
Clas Ohlson follows other major Consumer Discretionary sector earnings this month
Clas Ohlson's report follows an earnings missed by Flutter Entertainment on Friday, August 12, 2022, who reported EPS of kr1.01 on revenue of kr1.82B, compared to forecasts EPS of kr1.17 on revenue of kr1.61B.
Entain had missed expectations on Thursday, August 11, 2022 with second quarter EPS of kr0.05 on revenue of kr2.09B, compared to forecast for EPS of kr41.08 on revenue of kr2,126M.
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