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Analyses on FOX (10)
- June 9, 2026
- June 4, 2026
- May 26, 2026May 26, 2026
- Follow-up
Retailors: More Selling Space, Lower Sales per Square Meter
Retailors is still expanding, but the first quarter shows selling area growing faster than the demand generated by each square meter and store. As long as sales per sqm and same-store sales keep falling, expansion looks more like pressure on store economics than healthy growth.

Fox in the First Quarter: Sports Erodes Profitability, the Bond Raise Buys Time
Fox opened 2026 with some improvement in cash flow and working capital, but the quarter is still dominated by sports weakness and finance expenses. The post-quarter bond issue buys time, but it does not replace operating proof.

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