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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.
Marimekko
Marimekko (MEKKO) investor relations material
Marimekko Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2026 earnings summary4 Nov, 2026
Executive summary
Q3 net sales rose 3% to €52.1m and comparable operating profit increased 3% to €13.0m, supported by international growth and improved relative sales margin.
International sales grew 16% in Q3, offsetting a 9% decline in Finland; 9M international sales grew 11% while Finland sales fell 6%.
Financial highlights
Q3 operating profit was €12.7m versus €12.5m, net result €10.2m versus €9.9m; comparable operating profit was €13.0m versus €12.7m.
9M net sales rose 2% to €137.5m; operating profit was €22.6m versus €23.1m, comparable operating profit €23.4m versus €23.5m, and net result €17.9m versus €17.4m.
9M operating cash flow was €13.0m versus €12.1m; gross investments were €1.2m versus €2.2m.
Q3 comparable operating profit included €0.3m of unfavorable comparability items; 9M included €0.8m, both employee benefit expenses.
Outlook and guidance
FY26 net sales are expected to grow from €189.6m in 2025; comparable operating profit margin guidance remains 16%–19%, versus 17.1% in 2025.
Finland net sales are expected to decline, while international and Asia-Pacific sales and licensing income are forecast to grow.
Fixed costs and marketing expenses are expected to increase; 15–20 new stores and shop-in-shops are planned, mostly in Asia.
Non-recurring Finnish wholesale promotional deliveries are expected to grow YoY, weighted to H2 and Q4; H2 traditionally generates a major portion of annual euro-denominated sales and operating result.
Medium-term goals are annual net sales growth of 10% and comparable operating profit margin of 20%; long-term goals are 15% growth, 20% margin and net debt/EBITDA of max. 2.
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Latest events from Marimekko
- AGM approved a dividend authorization and renewed share powers through 14 October 2022.MEKKO
AGM 2021 - Approved a EUR 3.60/share dividend, four-for-one split and new Board share mandates.MEKKOAGM 2022
- AGM approved a EUR 0.37 per-share dividend and renewed share-capital mandates.MEKKOAGM 2024
- AGM approves EUR 0.65 per share in dividends and renews Board share authorities.MEKKOAGM 2025
- AGM approved a EUR 0.42 dividend and refreshed Board membership and governance.MEKKOAGM 2026
- APAC-led international growth offset weaker Finnish sales as higher costs pressured profit.MEKKOQ2 2026
- Q1 2026 saw 5% sales growth and 19% profit rise, led by international expansion.MEKKOQ1 2026
- 2025 net sales up 4%, profit margins strong, 2026 outlook positive but volatile.MEKKOQ4 2025
- Retail and international growth drive strong margins, offsetting lower Finnish wholesale.MEKKOQ3 2024
Next Marimekko earnings date
Q4 202611 Feb, 2027
Marimekko
Next Marimekko earnings date
Q4 202611 Feb, 2027
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Frequently asked questions
Patterned and colorful design from the Nordics
Marimekko was formed in 1951 when designers Riitta Immonen and Maija Isola helped Armi Ratia to host her first fashion show—an instant success. They impressed their customers with the clean cuts, pleasing patterns, and bright colors used by Ratia when developing bold new patterns for her husband's small printing company—the birth of the iconic Marimekko floral patterns.
Desirable Finnish design
This Finnish design house today operates a product portfolio, including high-quality clothing, bags, and accessories, as well as home decor items. You find about 150 Marimekko stores worldwide, and their online store serves customers across 35 countries. The key markets are Northern Europe, the Asia-Pacific region, and North America.
Success when worn by the president’s wife in the 60s
In 1960 everyone's eyes were on the US presidential election. Marimekko, however, was in full production mode, as John Kennedy’s wife, Jacqueline, had bought not one but seven Marimekko dresses. Her purchase made the news headlines; Marimekko became an overnight sensation and was featured in international fashion magazines like Elle, Vogue, and Harper’s.
A licensing company
Marimekko is highly seasoned in licensing, and it has been an integral part of their business since the 1970s. For example, they have partnered with high-profile names such as Converse, Banana Republic, Target, Uniqlo, and Adidas. They have also launched limited-edition collections, making the Marimekko brand known globally.
Marimekko and their financials
The company has a market cap of €392 million. It has increased their revenue by 97 percent in the last ten years and EBIT by 785% in the same period, meaning that the company has converted a more significant percentage of revenue into profits. This could imply improved cost efficiency or the company's ability to set higher unit prices on their products.