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    Home > Finance > Polish fashion retailer LPP's Q3 profit misses forecasts
    Finance

    Polish fashion retailer LPP's Q3 profit misses forecasts

    Published by Global Banking & Finance Review®

    Posted on December 11, 2024

    1 min read

    Last updated: January 27, 2026

    The featured image captures the scenic Montserrat mountains, where Isak Andic, the founder of Mango, tragically lost his life in a hiking accident. This event marks a significant loss in the fashion industry and the finance world.
    Mango founder Isak Andic hiking in Montserrat mountains, reflecting on his legacy - Global Banking & Finance Review
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    Quick Summary

    LPP, Poland's top fashion retailer, reported a Q3 profit of 579 million zlotys, missing the forecasted 632 million. This highlights financial challenges.

    LPP's Third-Quarter Profit Misses Analyst Forecasts

    (Reuters) - Poland's biggest fashion retailer LPP on Thursday reported third-quarter profit that missed analysts' forecasts.

    Net profit in the third quarter came at 579 million zlotys ($142.38 million) against analyst forecasts of 632 million zlotys.

    ($1 = 4.0666 zlotys)

    (Reporting by Marta Maciag. Editing by Jane Merriman)

    Key Takeaways

    • •LPP's Q3 profit was 579 million zlotys, below forecasts.
    • •Analysts expected a profit of 632 million zlotys.
    • •LPP is Poland's largest fashion retailer.
    • •The report was released on a Thursday.
    • •Exchange rate noted as $1 = 4.0666 zlotys.

    Frequently Asked Questions about Polish fashion retailer LPP's Q3 profit misses forecasts

    1What is the main topic?

    The article discusses LPP's third-quarter profit results, which fell short of analyst expectations.

    2Another relevant question?

    How did LPP's Q3 profit compare to forecasts? LPP's profit was 579 million zlotys, below the 632 million forecast.

    3Third question about the topic?

    Who reported the financial results? The results were reported by Reuters, with contributions from Marta Maciag.

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