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Maisons du Monde (MDM) investor relations material
Maisons du Monde Q3 2025 TU earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Executive summary
- Q3 2025 sales reached €224.7 million, up 4.9% year-over-year and 5.9% like-for-like, reversing a nine-month sales decline of 5.3%. 
- Growth was driven by international and retail segments, with Southern Europe, Spain, and Italy showing double-digit or strong momentum. 
- France returned to slight growth despite economic headwinds, high savings rates, and strike-related disruptions. 
- The company is executing a transformation plan, including new store concepts, AI-based inventory tools, and expanded services. 
- Customer satisfaction improved, with Net Promoter Score up six points year-over-year to 56 in September. 
Financial highlights
- Like-for-like sales grew 5.9% and total sales 4.9% year-over-year in Q3 2025; group GMV reached €257.5m, up 4.6%. 
- Store sales increased 6.4% and online sales rose 1.1% year-over-year, with strong SEO-driven organic traffic. 
- Decoration category outperformed with 7.4% growth, while furniture grew 2.2%. 
- International retail sales rose 8%, while France grew 2.4% in Q3. 
- Digital share of business declined slightly due to strong retail network performance. 
Outlook and guidance
- Management remains cautious for the coming months due to macroeconomic and political uncertainty, especially in France. 
- Q4 is expected to be slightly positive, with continued promotional pressure and early festive collection launch. 
- Focus remains on customer satisfaction, cost reduction, and improving cash position by reducing excess inventory. 
- Continued rollout of new store concepts and in-store events planned. 
- No specific guidance for 2026-2027, but targeting a return to growth, especially in Italy and Spain. 
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