Finance
19.10.2022

Fnac Darty announces its Q3 2022 Revenue

Continued resilience in sales in the third quarter of 2022

Fnac Darty fully poised to meet consumer needs during the major end-of-year sales events

— Revenue of €1,849 million for the third quarter of 2022, relatively stable on a reported basis and down slightly by -1.3% on a like-for-like basis1 compared with 2021, impacted by a shift in the sales period compared to the previous year, which resulted in a drop of around -60 basis points

— Sales of €5,277 million for the first nine months of the year, down slightly by -0.8% on a reported basis and by -1.6% on a like-for-like basis(1) compared to 2021, but up by +7.9% from the proforma 2019 pre-pandemic level(2)

— Gross margin rate relatively stable in the third quarter, excluding the dilutive technical impact of the franchise

— Fnac Darty listed in the “Advanced” (A1+) category of Moody’s ESG Solutions with a score of 61/100, an increase of +7 points in one year, and now ranked fifth in its sector(3) and in the top 5% worldwide(4)

(1) Like-for-like data: excludes the effect of changes in foreign exchange rates and scope of consolidation, and directly owned store openings and closures.
(2) Including Nature & Découvertes for the full year and excluding BCC.
(3) European specialized retail market as defined by Moody’s ESG Solutions.
(4) Ranking that includes 4,908 companies.

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