Finance
Beauty retailer Douglas' core profit beats expectations in first quarter
Published by Global Banking & Finance Review®
Posted on February 11, 2026
2 min readLast updated: February 11, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on February 11, 2026
2 min readLast updated: February 11, 2026
Douglas reports a 5.6% drop in Q1 core profit due to sales volatility and consumer uncertainty, with earnings slightly above analyst expectations.
Feb 11 (Reuters) - German premium beauty retailer Douglas reported an adjusted quarterly core profit above market expectations on Wednesday, as its core Western European markets showed first signs of sales recovery.
Adjusted earnings before interest, taxes, depreciations and amortisation fell 5.6% from a year earlier to 333.7 million euros ($397.8 million) in the first quarter through December, slightly above an average estimate of 333.4 million euros from analysts polled by Vara.
The fiscal first quarter is a peak season for Douglas covering a number of sales events including Black Friday and the busy season leading up to Christmas. Performance during this period can be seen as an indication on how the business will fare for the rest of the year.
Sales in Douglas' core markets of Germany, Austria, Switzerland, the Netherlands and Belgium rose by 0.6% after several consecutive quarters of declines, while sales in the French market, which has been weaker than the rest, climbed 1.2%.
In Central and Eastern Europe, a consistently higher consumer sentiment drove sales 7.3% higher.
($1 = 0.8389 euros)
(Reporting by Emanuele Berro and Cian Muenster in Gdansk, editing by Milla Nissi-Prussak)
Adjusted core profit refers to a company's earnings before interest, taxes, depreciation, and amortization, adjusted for one-time items, providing a clearer view of operational performance.
Sales volatility refers to fluctuations in sales revenue over a period, often due to changing market conditions, consumer behavior, or economic factors.
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