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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Ceconomy
Ceconomy (CEC) investor relations material
Ceconomy Q4 2026 TU earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q4 2026 TU earnings summary27 Oct, 2026
Executive summary
FY 2025/26 sales grew 5.3% to €24.0bn; preliminary adjusted EBIT reached ~€515m, above the ~€500m target.
Customer satisfaction reached a record NPS of 64, while adjusted profitability increased for the 15th consecutive quarter.
Financial highlights
FY sales rose 5.3% YoY to €24.0bn; growth was also 5.3% on a like-for-like basis.
Q4 sales increased 6.5% YoY adjusted for currency and portfolio effects, and 6.9% like-for-like.
Preliminary FY adjusted EBIT was ~€515m versus €406m prior year, up ~27% and above the ~€500m target.
Outlook and guidance
Targeting ~€800m adjusted EBIT in FY 2028/29, with growth areas expected to generate more than half of gross profit by then.
FY 2026/27 priorities: expand growth areas, strengthen core business, and use technology and AI more purposefully.
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Latest events from Ceconomy
- Sales and EBIT grew, guidance confirmed, and JD.com partnership and leadership changes advance.CEC
Q3 2026 - Trust-focused strategy and JD.com partnership target EUR 800 million EBIT and EUR 24 billion sales by 2028-2029.CECStrategy Day 2026 (Media)
- Omnichannel strategy targets €800m EBIT and €24bn sales by FY2028/29, fueled by JD.com partnership.CECStrategy Day 2026
- Sales and EBIT rose, driven by online and Eastern Europe growth; FY outlook and rating upgraded.CECQ2 2026
- Record online share, strong EBIT growth, and robust cash flow support a positive FY outlook.CECQ1 2026
- Sales up 5.7%, adjusted EBIT at €378m, and free cash flow surged; outlook remains strong.CECQ4 2025
- Sales and EBIT up 26%, with record NPS and strong growth in platform businesses.CECQ4 2024
- Sales and earnings grew in Q3, with strong online and segment gains amid a volatile market.CECQ3 2024
- Q1 delivered strong sales, profit, and cash flow growth, led by omnichannel and growth businesses.CECQ1 2025
Next Ceconomy earnings date
Q4 202614 Dec, 2026
Ceconomy
Next Ceconomy earnings date
Q4 202614 Dec, 2026
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Frequently asked questions
Ceconomy AG engages in the consumer electronics retail business. Its operations are carried out through the following divisions: Metro, MediaMarkt Saturn Retail Group, Financial Services, and Other. The Metro segment refers to the activities of consumer electronics. The MediaMarkt Saturn Retail Group segment offers information technology products and consumer electronics. The Financial Services segment specializes in consumer loans for electronic retailers and banking intermediaries, as well as insurance brokerage activities in Germany. The Other segment includes construction and real estate activities, energy services for supermarkets, wholesale trading business.