Boozt (One-pager): Continued growth guided for 2024
With the latest Q1 2024 numbers from Boozt and the recent share price movements among the online apparel retailers, we have updated our one-pager including our peer group.
To learn more about Boozt, its performance in 2023, outlook for 2024 and beyond, as well as its key investment risks, key investment reasons, and valuation against its peers, read the full one-pager below.
You are also welcome to join us on Thursday the 20th of June at 13.00 CET were we will focus on Boozt’s Fulfilment Centre and the recently announced expansion of the site in Ängelholm, Sweden.
To present and give us a better understanding of this central part of the Boozt operation we are joined by Group Chief Supply Chain Officer - Ronni Funch Olsen and Head of Investor Relations - Magnus Thorstholm Jensen.
Please sign up here: https://www.inderes.dk/videos/boozt-focus-on-fulfilment-centre
Disclaimer: HC Andersen Capital receives payment from Boozt for a Digital IR/Corporate Visibility subscription agreement. /Rasmus Køjborg, CFA at 14.30 CET on 06.06.2024.
Boozt AB is a Swedish headquartered fashion and lifestyle retailer operating in the e-commerce space. It was founded in 2011 and listed on the Nasdaq Stockholm in 2017. The company is now dual-listed after it also began trading on the OMX Nasdaq Copenhagen in 2020. Boozt generates its revenue primarily through retail sales in the fashion sector via its multi-brand webstore Boozt.com. It also offers apparel goods, beauty products and lifestyle brands in the home category. In 2015 another platform was added with Boozlet.com, which serves as Boozt’s outlet allowing the company to use this channel for inventory clearance and products that do not sell well in its season. Booztlet.com can also bring in larger stockpiles from different brands. Boozt is part of the large cap indices in both Stockholm and Copenhagen.
Read more on company page