OM:KJELLSpecialty Retail
Kjell Group (OM:KJELL) Stock Can Narrowing Losses Outrun Trailing Damage
Kjell Group stock closed at SEK13.9 on Tuesday after a muted few weeks, with the 30 day move roughly flat despite a solid rebound in the latest quarter. The headline is simple: losses are still there, yet the profit squeeze is easing. Q2 basic earnings per share came in at a loss of SEK0.13 on revenue of SEK574.25m, an improvement from the deeper loss in Q1. For short term traders that may not move the needle much. For longer term investors the real story is whether this gradual repair in...