Douglas stock reports lower Q3 sales and EBITDA

Douglas stock posted Q3 revenue of EUR 987.8 million and adjusted EBITDA of EUR 127.5 million, both down year over year. Management kept full-year sales guidance at 0% to 1%.

Douglas stock traded at EUR 7.38 on Xetra on September 23, 2026, up 0.68 percent on the session. The beauty retailer's third-quarter figures for fiscal 2025/26 show weaker sales and profitability, while management kept its full-year targets intact.

Q3 sales fall to EUR 987.8 million

Douglas generated revenue of EUR 987.8 million in Q3 FY2025/26, a decline of 2.0 percent from the same period a year earlier, according to Plusvisionen on September 4, 2026. The result places the company in a difficult position: sales contracted, but the decline was consistent with market expectations cited in the report.

Adjusted EBITDA dropped 19.4 percent to EUR 127.5 million, and the adjusted EBITDA margin reached 12.9 percent in the quarter. The larger profit decline compared with the sales decline points to pressure on operating leverage and makes the full-year margin target more important for the remaining reporting period.

Guidance stays at low growth

Douglas continues to guide for fiscal 2025/26 net sales of EUR 4.58 billion to EUR 4.63 billion, equivalent to growth of 0 percent to 1 percent, according to the company's Q3 earnings-call transcript published by Yahoo Finance on September 13, 2026. The same update retains adjusted EBITDA margin guidance of 15 percent and a leverage target of 3x to 3.5x.

That guidance implies a demanding second-half execution task. The midpoint of the sales range is EUR 4.605 billion, only 0.5 percent above the lower end, so small changes in customer demand or promotional intensity can affect the annual outcome.

UBS keeps a Neutral rating

UBS maintained a Neutral rating on Douglas on September 18, 2026, citing continued strength in discounted products in Germany and identifying Eastern Europe as the fastest-growing and most profitable region, according to Finanzen.net. The assessment contrasts regional growth with the group's Q3 decline and keeps execution, rather than headline sales growth, at the center of the investment case.

Douglas stock stays near its yearly low

Douglas stock stood at EUR 7.38 on Xetra on September 23, 2026, with a daily change of 0.68 percent. Its 52-week range was EUR 7.04 to EUR 13.12, leaving the share EUR 0.34 above the low and EUR 5.74 below the high.

Douglas stock key data

• Company: Douglas AG
• Ticker: DOU
• Trading venue: Xetra
• Price: EUR 7.38 on September 23, 2026
• Market capitalization: EUR 794.77 million as of September 23, 2026
• 52-week range: EUR 7.04-EUR 13.12
• Sector / Industry: Consumer Cyclical / Specialty Retail
• Index membership: SDAX