Continued resilience in sales in the third quarter of 2022
FnacFR fully poised to meet consumer needs during the major end-of-year sales events
— Revenue of €1,849 million for the third quarter of 2022, relatively stable on a reported basis and down slightly by -1.3% on a like-for-like basis1 compared with 2021, impacted by a shift in the sales period compared to the previous year, which resulted in a drop of around -60 basis points
— Sales of €5,277 million for the first nine months of the year, down slightly by -0.8% on a reported basis and by -1.6% on a like-for-like basis(1) compared to 2021, but up by +7.9% from the proforma 2019 pre-pandemic level(2)
— Gross margin rate relatively stable in the third quarter, excluding the dilutive technical impact of the franchise
— FnacFR listed in the “Advanced” (A1+) category of Moody’s ESG Solutions with a score of 61/100, an increase of +7 points in one year, and now ranked fifth in its sector(3) and in the top 5% worldwide(4)
(1) Like-for-like data: excludes the effect of changes in foreign exchange rates and scope of consolidation, and directly owned store openings and closures.
(2) Including Nature & Découvertes for the full year and excluding BCC.
(3) European specialized retail market as defined by Moody’s ESG Solutions.
(4) Ranking that includes 4,908 companies.