FY26 revenue to be 5-6% lower than FY25
Management expects full-year FY26 revenue to decline 5-6% versus FY25, reflecting continued subdued demand.
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Keep management guidance in view.
Credo Brands Marketing · forward-looking guidance across the available source record.
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Guidance tracker
What management said would happen.
revenue
Q4 FY26 EBITDA margin target of ~25%
Management guided that EBITDA margin should improve to around 25% by end of Q4 FY26.
Ad spend to increase to 8-10% of revenue for next 2 years
The company plans to increase advertising and branding spend to 8-10% of revenue for the next couple of years, even if it impacts short-term profitability.
Store network to decline by net 10 in FY26
Management expects to close 21 stores and open 15 in Q4, resulting in a net reduction of 10 stores for FY26, ending with ~431 stores.