CSE$PNDRY
Pandora A/S · Q2 2026 earnings
Q2 2026 earnings · · Investor relations
Briefing
Pandora A/S reported Q2 2026 results with 3% organic revenue growth and upgraded full-year guidance.
Pandora delivered revenue of DKK 7.219 billion in Q2 2026, up 2% reported and 3% organic, driven by 1% like-for-like growth and network expansion. Operating profit rose to DKK 1.463 billion with an EBIT margin of 20.3%, supported by a one-off tariff refund. Net profit reached DKK 875 million and EPS was DKK 11.7, leading to an upgrade in 2026 organic growth guidance to 0-3%.
- Q2 2026 revenue totaled DKK 7,219 million with 3% organic growth (1% LFL).
- EBIT increased 14% to DKK 1,463 million (20.3% margin), aided by one-off income.
- Net profit for the quarter was DKK 875 million; basic EPS DKK 11.7.
- 2026 guidance raised to 0-3% organic growth and 22-23% EBIT margin.
Headline financials
Revenue & EPS history
Pandora · Revenue · Quarterly
kr1.11B
Forward guidance
Guidance for 2026 upgraded to 0-3% organic growth and 22-23% EBIT margin.
Tailwinds
- Current trading in Q3 shows mid-single digit LFL growth.
- New collections and marketing initiatives driving early positive signs.
Headwinds
- Ongoing external headwinds from tariffs, commodities, and FX.
Discussion
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