Boozt (One-pager): Momentum continues with post-Black Friday guidance upgrade
Our updated Boozt One-pager follows its recent post-black Friday guidance upgrade and strong Q3 2023 earnings report.
The One-pager assesses Boozt’s relative outperformance against its peers YTD 2023, how its department store business model is contributing to this effect, while also updating the investment case, key investment reasons, key investment risks, and relative valuation against its peer group.
To learn more about Boozt catch up on the latest Q3 2023 earnings presentation hosted together with CSCO of Boozt, Ronni Funch Olsen, or read the full One-pager or at Inderes.dk.
Link to event: https://www.inderes.dk/videos/boozt-praesentation-af-q3-2023
Disclaimer: HC Andersen Capital receives payment from Boozt for a digitalIR/corporate visibility subscription agreement./Philip Coombes 10:25 30.11.2023
Boozt AB is a Swedish headquartered fashion and lifestyle retailer operating in the e-commerce space. It was founded in 2011 and listed on the Nasdaq Stockholm in 2017. The company is now dual-listed after it also began trading on the OMX Nasdaq Copenhagen in 2020. Boozt generates its revenue primarily through retail sales in the fashion sector via its multi-brand webstore Boozt.com. It also offers apparel goods, beauty products and lifestyle brands in the home category. In 2015 another platform was added with Boozlet.com, which serves as Boozt’s outlet allowing the company to use this channel for inventory clearance and products that do not sell well in its season. Booztlet.com can also bring in larger stockpiles from different brands. Boozt is part of the large cap indices in both Stockholm and Copenhagen.Lue lisää yhtiösivulla