Maisons du Monde sales fall 21.5% to €176.3 million in third quarter
Key Facts
Maisons du Monde said sales reached €176.3 million in the third quarter of 2026, down 21.5% on a reported basis from €224.7 million a year earlier. The statement published on the company’s website showed first-nine-month sales of €589.1 million, compared with €669.2 million in the corresponding period of 2025, a decline of 12%. The company attributed part of the quarter’s weakness to temporary constraints on product availability caused by delayed deliveries. It said the impact of these constraints was significant, particularly in the second half of the quarter. The decline comes as the group seeks to restore product availability and improve customer traffic heading into the final quarter of the year.
Furniture performed worse than décor, and the company said the segment was more affected by product-availability constraints and a reduction in promotional offers. This indicates that sales pressure was not limited to one of the group’s product categories. The company also linked commercial discipline and limiting promotions to protecting profit margins in a difficult sales environment.
The company placed its performance in the context of a weak French market, citing a 4% decline in retail traffic in France since the start of 2026, according to the Retail Int dashboard. Sales in the French furniture market also fell 5% since the start of the year, according to IPEA data cited in the statement. These figures provide context for weaker domestic demand, alongside supply problems that affected the company’s ability to display products. The statement did not provide a comparable assessment of other markets in this account, so the market context cited is limited to France. The company said the impact of delayed deliveries was particularly evident in the second half of the third quarter.
On its response plan, the group reaffirmed its target of achieving total cost savings of €30 million during the 2026 financial year. It said the savings would help offset sales pressures and lower the break-even point. Maisons du Monde is entering the fourth quarter with improved product availability and targeted marketing initiatives to restore customer traffic, according to the statement’s account of the chief executive’s comments. The company expects deliveries to gradually return to normal during the fourth quarter, with product availability normalising by year-end. That timing is a practical milestone in its operational recovery plan, amid the declines in sales recorded for the quarter and nine-month period.
The sales results follow EL7 coverage in June of an agreement for the group’s financial restructuring with a consortium of new investors. This context places the savings target and availability recovery plan within the company’s efforts to address financial and operational pressures. The results statement did not specify the date of the next financial release, saying upcoming publication dates would be announced on the group’s website. It therefore gave no specific date for the next results. The return of deliveries and normalisation of product availability by year-end remain among management’s key milestones for the fourth quarter.