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Boozt AB (DE:BOK)
FRANKFURT:BOK
Germany Market
EarningsQ2 2026 Earnings Report

Boozt AB (BOK) Q2 2026 Earnings Report

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DE:BOK Q2 2026 EPS Results

Actual EPS€0.13
Consensus EPS€0.14
Beat/MissMissed by -<€0.01
One Year Ago EPS€0.06

DE:BOK Q2 2026 Revenue Results

Actual Revenue€187.18M
Expected Revenue€187.21M
Beat/MissMissed by -€36.33K
YoY Revenue Growth+13.06%

Earnings Announcement Details

QuarterQ2 2026
Date08/14/2026
TimeBefore Open
Conference CallFriday, August 14, 2026
DE:BOK Upcoming Earnings
Boozt AB's next earnings date is estimated for November 3, 2026, based on past reporting schedules.

Q2 2026 Earnings Call Audio

No earnings call audio is available for this earnings event.

Q2 2026 Earnings Slide Deck

No slide deck is available for this earnings event.

Q2 2026 Earnings Call Summary

Q2 2026
Earnings Call Date:Aug 14, 2026|
% Change Since:
|
Earnings Call Sentiment|Positive
The call presents multiple strong operational and financial improvements: accelerating revenue (13% in Q2), margin expansion (EBIT to 6.5%, gross margin 40.1%), successful assortment and AI initiatives, inventory ramp for H2, and robust cash generation enabling a larger share buyback. Headwinds are largely manageable and largely relate to one-offs (HQ move costs and adjustments), early-stage AI adoption, an AOV dip driven by new customers, and normal seasonal/competitive risks heading into a tougher Q4. Management confirmed guidance conservatively and emphasized execution priorities for autumn/winter, leaving upside potential if demand holds and tactical investments are well deployed.
Company Guidance
Management confirmed the upgraded 2026 outlook announced on 29 June, reaffirming full‑year revenue growth guidance of 7–11% (while still targeting double‑digit growth), noting Q2 growth of 13%, EBIT margin nearly doubled to 6.5% and gross margin at 40.1% (+1pp YoY); Q3 is said to be tracking as expected. They moved CapEx guidance toward the high end of prior expectations because of one‑off Copenhagen HQ investments, expect admin costs to be elevated (relocation and commercial hires), and said marketing headroom in H2 will be used to support growth so the H1 marketing‑ratio improvement is unlikely to repeat in full. Cash generation exceeded SEK 600m over the last 12 months, Q2 was roughly cash‑breakeven, inventory is now above last year as they ramp for autumn/winter, and quarter adjustments totaled SEK 39m (SEK 28m share‑based, SEK 11m for B2B closure). Finally, capital return was increased: the buyback was expanded from SEK 200m to SEK 300m and the Board initiated another SEK 100m mandate — management expects ~SEK 400m of repurchases this year and ~SEK 850m over the last two years (~10% of share capital).
Strong top-line growth and margin recovery
Revenue grew 13% in Q2 2026 and EBIT margin almost doubled to 6.5%, reflecting a rapid return to double-digit growth and improved profitability.
Assortment expansion drove engagement
Launched ~55% more styles on Boozt.com vs. year-ago and sold roughly 55% more distinct styles during the quarter, increasing clicks and conversion from performance channels.
Women's category rebound and cross-category lift
Customers shopping women's fashion were up 20% in the quarter; 54% of customers buy from more than one category and the most engaged customers (buying across all 6 categories) grew ~15%, boosting basket value and loyalty.
AI initiatives improving conversion and content scalability
Deployed ~10,000 AI-generated model images (≈300 variants/day); shopping assistant (live across markets since June) is used by ~3% of customers but those users convert ~2.5x and spend ~8% more per order.
Improved gross margin and higher-quality mix
Gross margin reached 40.1% (≈+1 percentage point vs prior year) driven by less discounting and a favorable mix shift from Booztlet toward the higher-margin Boozt sites; other revenue grew ~6% and is expected to accelerate in H2.
Balance sheet strength and shareholder returns
Generated >SEK 600 million cash over the last 12 months; Q2 roughly cash breakeven. Board expanded share buyback program to SEK 300 million (from SEK 200 million) and expects ~SEK 400 million repurchases this year (≈SEK 850 million over two years ≈10% of share capital).
Inventory ramp ahead of key season
Inventory levels are now above last year as planned, with autumn/winter product arrivals in good volumes to support H2 growth.
Commercial reorganization and HQ move delivering results
Built a centralized powerhouse of local country specialists at new Copenhagen HQ, improving targeting and performance marketing efficiency which aided new-customer acquisition and conversion.

DE:BOK Earnings History

Report Date
Fiscal Quarter
Forecast / EPS
Last Year's EPS
EPS YoY Change
Press Release
Nov 03, 2026
2026 (Q3)
0.12 / -
0.067―
2026 (Q2)
0.14 / 0.13
0.056127.42% (+0.07)
2026 (Q1)
0.04 / 0.03
0.043-36.17% (-0.02)
2025 (Q4)
0.31 / 0.33
0.3085.60% (+0.02)
2025 (Q3)
0.06 / 0.07
0.04741.35% (+0.02)
2025 (Q2)
0.08 / 0.06
0.095-40.95% (-0.04)
2025 (Q1)
0.02 / 0.04
0.0022511.11% (+0.04)
2024 (Q4)
0.28 / 0.31
0.23729.89% (+0.07)
2024 (Q3)
0.07 / 0.05
0.054-12.61% (>-0.01)
2024 (Q2)
0.09 / 0.10
0.109-12.86% (-0.01)
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed