Answear.com reports 10% revenue growth and improved margins in Q3 2026
Answear.com, one of the leaders in premium & high-end fashion in Central Europe, has reported its preliminary sales results for Q3 2026. Revenue rose by 9.9% y/y, to PLN 432.8m. Revenue growth has accelerated for the third consecutive quarter and is the highest in the last 12 months. In the first nine months of 2026, the company generated revenue of PLN 1,247.8m, 8.9% more than a year earlier. Sales growth has been accompanied by improved margins.
The margin improvement is linked to ongoing work on developing and optimising the product offering of the Answear and PRM stores. It translates into higher profitability for the company.
- Profitability remains our priority. That is why we are consistently improving the Answear offering. Our private label, AnswearLAB, is performing very well. At PRM, we are rebuilding the offering in line with our chosen strategy. We are moving away from the sneaker store model towards high-end fashion. We are focusing on quality rather than quantity, which benefits the segment's profitability - says Jacek Dziaduś, CFO of Answear.com.
Online sales rose by 8.5% y/y in the third quarter, to PLN 427.9m. Year to date, online sales reached PLN 1,215.6m, 8.6% more than a year earlier. During the summer sale months, sales were supported by improved inventory quality, despite lower stock levels at the start of the quarter. The company closed September with solid double-digit revenue growth y/y.
- We are particularly pleased with September's result, as the second half of the month was weaker. The warm weather led some customers to postpone their autumn purchases. We are now entering the fourth quarter, the key high-sales period. We are optimally stocked for it to make the most of customer demand. This year, the period also coincides with Answear's 15th anniversary. To mark the occasion, we have prepared a wide range of special price offers and events for our customers. This will make Answear even more attractive to them. We are consistently executing our plan and look forward to continued good results - comments Krzysztof Bajołek, CEO of Answear.com.
Answear.com will publish its full financial results for Q3 2026 on 17 November.
About Answear.com:
Answear.com is one of the leaders in premium & high-end fashion in Central Europe, offering a wide selection of clothing, footwear and accessories from more than 1,000 global brands. Its range includes curated women's, men's and children's collections from premium, sports and denim brands, among others. Answear.com currently operates in 12 markets and plans to enter further markets. Since it began operating in 2011, it has won more than 50 awards and distinctions, and has gained the recognition of thousands of customers, to whom it delivers constant fashion inspiration, working with trendsetters and experts from the fashion industry. The company relies on its own logistics centre and its own IT solutions, which allow it to achieve high operational efficiency, minimise costs and pursue an attractive pricing policy for customers. All products included in an order are shipped in a single parcel, out of concern for the environment and for the convenience of customers. In its operations, Answear.com focuses on fast delivery (even same-day in selected Polish cities) and on the quality of service. For its regular customers it offers the Answear Club loyalty programme, which allows them to shop at even more attractive prices.
About PRM:
The PRM brand is a response to the needs of the metropolitan community, offering curated high-end fashion & sneakers brands, as well as unique collaborations and activities that promote culture and design in the broad sense. It has a unique product offering that includes brands such as adidas Originals and New Balance, as well as brands well known and valued in Western Europe such as Kenzo, MM6 Maison Margiela, Rick Owens, J.W. Anderson, Ganni, Paul Smith, Fred Perry, Barbour, Coperni, Axel Arigato, Sportmax and Carhartt WIP. Since April 2024, the brand's first boutique has been located at Fabryka Norblina in Warsaw, where customers can find a selection of the most interesting products available at PRM.
For further information, please contact:
Maciej Kwiatkowski
InnerValue Investor Relations
+48 509 938 358
