MDM: Q3 like-for-like sales drop 21% on delayed deliveries
MDM reported a 21.0% fall in Q3 like-for-like sales as late deliveries hit trading, and confirmed its €30m FY26 gross savings target.
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what happened
According to TradingView, MDM's like-for-like sales fell 21.0% in the third quarter. The company blamed late deliveries, a difficult retail market and fewer promotions.
The €30m gross savings target for fiscal 2026 was confirmed. MDM expects delivery levels to normalize in the fourth quarter and plans targeted marketing.
why it matters
For investors this points to revenue pressure at the retailer: logistics disruption and weak demand hit sales, so the confirmed savings programme is the main lever left to protect margins. Fourth-quarter delivery trends will show whether sales recover.
tags
instruments
sources
- MDM: Q3 sales plunged 21.0% LfL as delayed deliveries hit trading; €30m FY26 savings target confirmed — TradingView, 22 October 2026 at 17:11 UTC
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