- Clas Ohlson reported July sales of SEK 1.01 billion.
- Sales increased by 10% compared to the previous period.
- Organic sales saw an increase of 12%.
- CEO Kristofer Tonström attributes the strong sales growth to the high relevance across the product assortment in all home markets.
- The current analyst ratings include 1 buy, 1 hold, and 2 sells.
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A look at Clas Ohlson AB Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 2 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.0 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Clas Ohlson AB, a retail trading company known for its wide range of products including tools, locks, cables, computer accessories, camping equipment, art materials, kitchen gadgets, and toys, is positioned for a promising long-term outlook. According to Smartkarma Smart Scores, the company rates highly in Growth and Momentum, with scores of 4 each, indicating positive indicators in these areas. This suggests that Clas Ohlson AB is expected to experience solid growth and maintain strong momentum in the market over the long term.
While the Value and Dividend scores stand at 2 each, the Resilience score of 3 further supports the company’s overall positive outlook. The company’s ability to weather uncertainties and adapt to changing market conditions is reflected in this score. With a strategic focus on growth, coupled with strong momentum and resilience, Clas Ohlson AB appears well-positioned for continued success in the retail sector in the foreseeable future.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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