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Shoppers Stop LimitedInvestor Meet, 20-01-2025: Analysts/Institutional Investor Meet/Con. Call Updates

20-01-2025 | 11:08 am

Shoppers Stop Limited held an Analyst Conference Call to discuss its Q3 FY25 corporate performance. The company reported a revenue increase driven by strategic marketing campaigns and premiumization efforts, with sales rising by 7% and EBITDA growing by 20%. Notably, the "India Weds with Shoppers Stop" campaign generated sales of INR 66 crore in two months. The Beauty segment showcased significant growth, especially through its subsidiary Global SS Beauty, which nearly doubled revenue YoY to INR 77 crore in Q3. This strong performance positions Shoppers Stop favorably heading into the upcoming wedding season, although challenges in consumer sentiment persist. Investors might view this as a positive outlook for future growth while being cautious of external market conditions that could impact discretionary spending.

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