UBS keeps Douglas stock at Neutral as sales weaken

Published on 10/02/2026 at 17:03 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Third-quarter sales fell 2.00 percent to EUR 987.80 million in April to June 2026. Douglas stock costs EUR 7.26 on October 2, 2026 after EUR 7.32.

Fotorealistisches Innenraumbild eines Premium-Beauty-Stores der Douglas Group — Das Foto zeigt den eleganten Premium-Parfümerie-Store der Douglas Group, Aktie DE000BEAU7Y1, mit beleuchteten Glasregalen, Illustration mit AI erstellt.

Douglas AG (ISIN DE000BEAU1Y4) was trading at EUR 7.26 at Lang & Schwarz on October 2, 2026 at 4:59 p.m. CEST, down 0.82 percent versus the prior close of EUR 7.32 on October 1, 2026. According to finanzen.at on September 18, 2026, UBS kept its Neutral rating on Douglas. Third-quarter sales fell 2.00 percent, making the operating trend the central issue for the beauty retailer.

Sales fell as competition intensified

In the April to June 2026 quarter, Douglas reported sales of EUR 987.80 million, down 2.00 percent from EUR 1.0081 billion in the comparable period. Adjusted EBITDA fell 19.40 percent to EUR 127.50 million, according to the DOUGLAS Group report dated August 12, 2026.

The weakness was concentrated in mature markets. DACHNL sales fell 2.80 percent to EUR 480.20 million, while Central Eastern Europe grew 4.40 percent to EUR 159.10 million in the same quarter. The contrast gives management a clear operating task: protect profitability in Western Europe while shifting investment toward faster-growing digital and regional markets.

Guidance remains confirmed

The company confirmed fiscal-year 2025/2026 net sales guidance of EUR 4.58 billion to EUR 4.63 billion and sales growth of 0 percent to 1 percent in its August 12, 2026 release. For the first nine months of fiscal 2025/2026, sales increased 0.50 percent to EUR 3.59 billion, but adjusted EBITDA declined 9.00 percent to EUR 634.10 million.

That combination puts margin recovery ahead of headline sales growth. Douglas also said it was reviewing store profitability, pricing and its e-commerce offering as customers respond to heavier competition across European premium beauty.

Analyst target stays above the quote

As MarketScreener reported on September 9, 2026, Jefferies maintained its Buy rating and an EUR 10.00 price target. The target is 37.74 percent above the Lang & Schwarz price, while the stock price is 27.40 percent below that target.

Douglas stock remains below its high

Douglas stock was trading at EUR 7.26 at Lang & Schwarz on October 2, 2026 at 4:59 p.m. CEST, minus 0.82 percent versus the EUR 7.32 prior close. The same-day market capitalization was EUR 781.8 million, and the 52-week range was EUR 6.99 to EUR 13.26. The further course of trading is shown by the continuously updated real-time quote of Douglas stock.