- Kesko’s comparable sales in August 2024 decreased by 3.9%.
- Total sales from continuing operations amounted to €1.07 billion.
- Overall sales fell by 0.7% in August.
- There was a decline in sales in the grocery trade and car trade divisions.
- Sales in the building and home improvement trade increased due to the acquisition of Davidsen.
- Closure of K-Rauta stores impacted sales performance in Sweden.
- Analyst recommendations for Kesko stock include 4 buys, 6 holds, and 1 sell.
A look at Kesko OYJ Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 4 | |
| Growth | 4 | |
| Resilience | 2 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Analysts are optimistic about the long-term outlook for Kesko OYJ, a company that operates wholesale and retail stores. With a strong overall performance in key areas, including a high score for momentum, Kesko OYJ is positioned well for future growth and success. The company’s scores for dividend and growth also indicate positive prospects for investors looking for stable returns and potential expansion. However, there are some concerns about resilience, which could impact the company’s ability to withstand market challenges. Overall, Kesko OYJ‘s Smartkarma Smart Scores paint a favorable picture of its future potential.
Kesko OYJ‘s smart scores highlight its strengths in key areas such as dividend and growth, indicating a positive outlook for the company’s future performance. With a robust momentum score, Kesko OYJ is showing strong upward trends, which bodes well for its continued success. While there are some areas, like resilience, that could be improved, the overall assessment of Kesko OYJ‘s smart scores suggests a promising investment opportunity for those looking to gain from a company with a solid foundation in the trading sector.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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