Tokmanni cuts profit outlook as comparable sales slip

Finnish discount retailer Tokmanni lowered its full-year profit guidance on Thursday after comparable revenue fell slightly in the third quarter, Yle reported.

Group revenue rose 2.9 per cent to 445.2 million euros in July to September, while comparable revenue declined 0.5 per cent. Comparable operating profit was 25.8 million euros, down from 26.4 million euros a year earlier.

Revenue and comparable operating profit improved in the Swedish Dollarstore segment, while the group’s comparable operating profit fell slightly. Chief Executive Sampo Päällysaho said the Dollarstore segment’s performance supported revenue growth.

Tokmanni expects full-year 2026 revenue of 1.7 billion to 1.8 billion euros and comparable operating profit of 75 million to 90 million euros. Its previous comparable operating profit forecast was 85 million to 105 million euros.