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Chipotle's story from a single restaurant to a nationwide chain, through crisis and turnaround, built on one of the strongest models in the industry.
Answear.com
Answear.com (ANR) investor relations material
Answear.com Q1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q1 2026 earnings summary11 May, 2026
Executive summary
Revenue for Q1 2026 increased by 7.4% year-over-year to PLN 378.7m, driven by strong growth in Poland (+21.3%) and effective marketing strategies.
Gross margin improved to 39.9% (+0.3pp YoY), reflecting better product mix and negotiations with partners.
EBITDA reached PLN 6.6m (1.7% margin), lower than Q1 2025 but higher than Q1 2024, impacted by higher marketing and logistics costs.
Net loss of PLN -6.8m, compared to a net profit of PLN 3.7m in Q1 2025, mainly due to negative FX differences and higher financial costs.
Financial highlights
Sales: PLN 378.7m (+7.4% YoY); Poland led with 21.3% growth, while EU ex-Poland and non-EU markets grew slower.
Gross profit: PLN 151.2m (39.9% margin, +0.3pp YoY).
EBITDA: PLN 6.6m (1.7% margin), down from PLN 9.9m (2.8%) in Q1 2025.
Net loss: PLN -6.8m vs. PLN 3.7m profit in Q1 2025.
Operating cash flow: PLN -17.4m (improved YoY due to better inventory management).
Cash at period end: PLN 18.0m (down from PLN 63.2m at 2025 year-end).
Outlook and guidance
Results in coming quarters will depend on execution of premiumization strategy, macroeconomic conditions, and FX trends.
Key risks include consumer demand, situation in Ukraine, global conflicts, and currency volatility.
No financial forecasts for 2026 were published.
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Latest events from Answear.com
- 13% revenue growth and 63% EBITDA increase in 2025, led by premium expansion and Polish market strength.ANR
Q4 202524 Apr 2026 - EBITDA surged 1060% and revenue grew 17.4% year-over-year, led by premium segment gains.ANRQ3 202520 Nov 2025
- Revenue up 19% and net profit positive in H1 2025, with all segments returning to profit.ANRQ2 20251 Oct 2025
- Revenue growth in H1 2024 was offset by losses from high marketing and PRM investments.ANRQ2 202413 Jun 2025
- Revenue up 18% but net loss as investments and marketing costs surged.ANRQ3 202413 Jun 2025
- Q1 2025 revenue rose 22% and EBITDA tripled, with profitability boosted by premiumization.ANRQ1 20256 Jun 2025
- Q4 2024 revenue up 24% and EBITDA up 116%, with premiumization fueling growth.ANRQ4 20246 Jun 2025
Next Answear.com earnings date
Q2 202622 Sep, 2026
Answear.com
Next Answear.com earnings date
Q2 202622 Sep, 2026
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@theshortbearx.com
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