LPP stock: Q2 revenue rises 18 percent to PLN 6.6 billion

LPP reported 18 percent revenue growth in the second quarter of 2026, with net profit rising 48 percent. The Polish fashion company also raised its full-year margin targets.

LPP S.A. reported stronger second-quarter operating results on September 17, 2026. Revenue increased 18 percent year over year in constant currencies to PLN 6.6 billion, according to the company’s official release.

Sales growth across channels

Brick-and-mortar sales rose 18.6 percent year over year, while e-commerce revenue increased 16.4 percent. LPP said it opened 230 stores between May and the end of July, including 212 Sinsay locations, taking its network beyond 4,000 stores. The company said nearly 2,700 of those locations were Sinsay stores, as detailed in the company release.

Higher profitability and revised targets

Gross margin improved by 3.7 percentage points year over year to 57.7 percent. EBITDA rose 42 percent to PLN 1.7 billion, EBIT increased 57 percent to PLN 1.1 billion, and net profit climbed 48 percent to PLN 768 million, based on the issuer’s disclosure.

LPP maintained its 2026 core-business sales target of PLN 26 billion to PLN 27 billion and its capital expenditure target of PLN 2.5 billion. It raised its gross-margin target to 56.5 percent to 57.0 percent, its EBITDA-margin target to 24.0 percent to 25.0 percent, and its net-profit-margin target to 10.0 percent to 11.0 percent. LPP also published its consolidated half-year report for 2026 on September 17, 2026, on its corporate website.