Earnings Alerts

Kesko OYJ (KESKOB) Earnings: Despite 2.4% Comparable Sales Dip, November Total Sales Rise by 1.4% Driven by Strategic Acquisitions

By December 16, 2024 No Comments
  • Kesko experienced a 2.4% decline in comparable sales in November.
  • Despite this, total sales increased by 1.4%, according to the company.
  • Building and technical trade sales saw growth, largely due to the acquisition of Davidsen.
  • The car trade sector also recorded increased sales during November.
  • However, sales in the grocery trade sector faced a downturn.
  • Market analyst recommendations for Kesko include 1 buy, 8 holds, and 2 sells.

A look at Kesko OYJ Smart Scores

FactorScoreMagnitude
Value3
Dividend4
Growth4
Resilience2
Momentum4
OVERALL SMART SCORE3.4

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

Kesko OYJ, a company primarily engaged in wholesale and retail operations, is positioned for a promising long-term outlook based on the Smartkarma Smart Scores analysis. With a strong emphasis on dividend and growth potential, Kesko OYJ demonstrates stability and growth prospects in the market. The company’s solid momentum further augurs well for its future performance, indicating positive investor sentiment and market confidence. While there are areas for improvement, such as resilience, the overall outlook for Kesko OYJ appears favorable.

In summary, Kesko OYJ is a diversified company with a focus on retail and wholesale trade, catering to various sectors such as hardware, home improvement, interior decoration, automotive, and sporting goods. The Smartkarma Smart Scores highlight the company’s strengths in value, dividend payments, growth opportunities, and positive momentum, underlining its potential for long-term success in the market.


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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