Nov 14, 2019 / 08:30AM GMT
Operator
Hello, and welcome to Boozt Q3 2019 report. Today, I am pleased to present CEO, Hermann Haraldsson; and CFO, Allan Junge-Jensen. (Operator Instructions) Speakers, please begin.
Hermann Haraldsson - Boozt AB(publ)-Co-Founder&Group CEO
Yes, hello, good morning. This is Hermann. Welcome to our Q3 presentation. If we go to the first page, which is the key highlights. Just briefly looking at the key highlights, we had 22% net revenue growth in the quarter, and which was Boozt 19% and Booztlet 90%. And as we say, growth was impacted by a bit softer apparel markets in Sweden and Denmark during the quarter.
Positive is that the KPIs are trending in the right direction, Americas. Reported gross margin was down in the quarter due to less consignment sales and an early write-down on Boozt.com stock. But at the same time, we've seen that during the season, during the autumn/winter season, winter now, we have seen an improving gross margin. So that's a positive -- has a positive outlook also
Q3 2019 Boozt AB Earnings Call Transcript
Nov 14, 2019
Already have an account? Log in
Get the full story
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent 
4.6 out of 5 
Trustpilot
Trustpilot
Survey
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
Follow Us
Disclaimers