Kesko stock heads toward October 29 results as profit improves

Published on 10/04/2026 at 21:08 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Kesko stock posted EUR 3.38 billion in Q2 2026 revenue, up 6.0 percent year over year. EPS reached EUR 0.32 versus EUR 0.29, while the 3.8 percent margin topped 3.7 percent.

Schwarzweißes Dokumentarfoto einer Logistik-Lagerhalle mit Gabelstapler und Warenpaletten — Schwarzweiß-Reportagefoto dokumentiert eine große Logistik-Lagerhalle, passend zur Kesko Oyj Aktie FI0009000202 im finnischen Einzelhandel, Illustration mit AI erstellt.

Kesko stock (ISIN FI0009000202) was last at EUR 22.94 on Nasdaq Helsinki on October 2, 2026, as the Finnish retailer prepared its next results release. Kesko said on October 2 that it will publish its January to September 2026 interim report on October 29, 2026.

October results set the next test

The upcoming report will show whether the improvement seen in the second quarter carried into the summer. The timing matters because Kesko's latest reported quarter already combined higher sales with stronger earnings.

According to Simply Wall St, Q2 2026 revenue was EUR 3.38 billion, up 6.0 percent from Q2 2025. EPS increased to EUR 0.32 from EUR 0.29, while net income rose 9.5 percent to EUR 128.2 million.

Profit growth meets a wider expansion

The operating picture also improved at the margin level. Q2 profit margin reached 3.8 percent versus 3.7 percent a year earlier, giving the October report a clear comparison point beyond sales growth.

Kesko's strategic expansion adds another variable. FinanzNachrichten reported on September 24 that the European Commission approved Kesko's acquisition of Dahl operations in Sweden, Norway and Denmark, with completion targeted by the end of 2026.

The deal expands technical trade across the Nordic region, but integration and completion remain important items for the next company update. That makes the October report a checkpoint for both organic performance and execution.

Consensus sits below the last price

The analyst view is constructive but restrained. Investing.com lists a Buy consensus from 5 analysts, with an average 12-month price target of EUR 22.30, a high target of EUR 24.50 and a low target of EUR 19.50.

The average target is EUR 0.64 below the October 2 price, equal to the price standing 2.87 percent above the consensus target. The range shows a divided valuation picture, with the high target 6.80 percent above the reference price and the low target 15.01 percent below it.

Kesko stock holds near its yearly high

Kesko stock was at EUR 22.94 on October 2, 2026, on Nasdaq Helsinki, with no daily change. The 52-week range was EUR 17.80 to EUR 23.38, putting the share price 1.88 percent below the yearly high and the market capitalization at EUR 9.1 billion.