ENXTLS:JMTConsumer Retailing
Jerónimo Martins (ENXTLS:JMT) Margin Slip Undercuts Bullish Narratives Despite Ongoing Revenue Outperformance
Jerónimo Martins SGPS (ENXTLS:JMT) reported earnings growth of 0.8% over the past year, which is well below its five-year average annual earnings growth of 12.8%. Net profit margins slipped slightly to 1.8% from 1.9% a year earlier, and earnings are expected to grow at 12.8% annually going forward, just behind the wider Portuguese market. With a forecasted revenue growth rate of 6.4% per year, which outpaces the market average of 3.2%, investors are watching how sustained growth and value...