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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.
Maisons du Monde
Maisons du Monde (MDM) investor relations material
Maisons du Monde Q3 2026 TU earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2026 TU earnings summary22 Oct, 2026
Executive summary
Q3 2026 like-for-like net sales fell 21.0%; YTD like-for-like sales declined 10.9%.
Temporary late deliveries constrained product availability, while lower promotional intensity also weighed on sales.
Financial highlights
Q3 net sales were €176.3m, down 21.5% reported; YTD net sales were €589.1m, down 12.0%.
Q3 GMV was €211.8m, down 17.7%; YTD GMV was €695.1m, down 9.8%.
Gross cost savings target of €30m for FY26 confirmed, supporting a structurally lower break-even point.
Outlook and guidance
Supplier cooperation is intended to support a progressive return to normal deliveries through Q4; product availability is expected to normalize by year-end.
Marketing initiatives are being stepped up in-store and online to restore traffic; targeted initiatives will support Q4 trading momentum.
FY26 gross savings target remains €30m, with continued focus on margin discipline and cash preservation.
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Latest events from Maisons du Monde
- Sales dropped 7.1% YoY; refinancing and cost savings improved cash flow and net loss.MDM
H1 2026 - Debt cut by 84% and new investors to take 95% stake after €406m loss.MDMH2 2025 & Status update
- H2 2025 sales stabilized, with resilient retail and cost focus, but online and France lagged.MDMQ4 2025 TU
- Sales fell 9.7% to €444.6m, with deepening losses as transformation efforts accelerated.MDMH1 2025
- Q3 sales declined 15.3% year-over-year, but transformation and cost-saving plans remain on track.MDMQ3 2024 TU
- Sales fell 9.6% in H1 2024, but gross margin rose and cost savings supported stable cash flow.MDMH1 2024
- Sales fell 11.2%, but €15M cash flow and 64% margin support a 2025 growth outlook.MDMH2 2024
- Sales declined 9.9% like-for-like as transformation and cost-saving plans advanced.MDMQ1 2025 TU
- Sales fell up to 11.2%, but cost savings and transformation drive resilience and optimism.MDMQ4 2024 TU
Maisons du Monde
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Frequently asked questions
Maisons du Monde S.A. is a French company specializing in home furnishings and decor. It offers a wide range of products, including furniture, decorative items, and accessories, showcasing various styles from contemporary to vintage. The company operates through a network of physical stores across Europe, an online platform, and catalogs, serving both the French and international markets. Maisons du Monde manages part of its manufacturing through joint ventures in China and Vietnam. The company is headquartered in Vertou, France, and its shares are listed on the Euronext Paris.