Fnac Darty (FNAC) Q3 2026 TU earnings summary

Executive summary

• Q3 2026 revenue reached €2,508.6m, up 1.8% LFL; 9M revenue was €6,965.7m, up 1.1% LFL.

• 9M gross margin rate rose 40 bps to 28.7%, supported by services and favorable product mix.

• 2026 guidance and 2030 objectives were confirmed; EP Group received European Commission merger-control clearance for its tender offer.

Financial highlights

• 9M reported revenue rose 1.2% vs. restated 9M 2025; LFL growth was 1.1%.

• Q3 reported revenue rose 1.9% vs. restated Q3 2025; LFL growth was 1.8%.

• Gross margin rate reached 28.7%, up 40 bps from 28.4% in restated 9M 2025.

Outlook and guidance

• 2026 guidance confirmed: increase current operating margin rate and free cash flow from operations.

• Beyond Everyday roadmap and 2030 objectives reaffirmed.

• Unieuro integration remained on timetable, with at least €20m of synergies targeted by year-end 2026.

• Q4 is a key trading period; stores were ready for seasonal commercial peaks.