- Kesko reported a 2% decrease in comparable sales for September.
- Sales from continuing operations amounted to €1.04 billion.
- Despite the overall decline, Kesko’s sales saw a 1.9% increase in September.
- There was a notable increase in sales within the grocery trade sector.
- Sales in the building and technical trade improved, particularly in building and home improvement sectors, attributed to the Davidsen acquisition.
- Conversely, sales in the car trade experienced a decrease.
- Analyst recommendations 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
Investors evaluating the long-term outlook for Kesko Oyj can take note of the Smartkarma Smart Scores, which offer valuable insights into different aspects of the company. With a strong momentum score of 5, Kesko Oyj is showing positive performance trends that could bode well for its future growth. Additionally, the company’s solid scores in the dividend and growth categories, both at 4, indicate a promising outlook for potential income streams and expansion opportunities. However, Kesko Oyj’s resilience score of 2 suggests that there may be some areas of vulnerability that investors should consider.
Kesko Oyj, a company with operations in wholesale and retail stores, presents a diverse range of trading sector services. From hardware and builders’ supplies to automotive and sporting goods, Kesko Oyj has established itself as a player in various market segments. As investors assess the company’s Smartkarma Smart Scores, they can gain a comprehensive understanding of Kesko Oyj’s overall position in terms of value, dividend yield, growth prospects, resilience, and momentum, aiding them in making informed investment decisions.
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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