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Extra Everything: The Story of Chipotle
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.
Premium Snacks Nordic
Premium Snacks Nordic (SNX) investor relations material
Premium Snacks Nordic Q1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q1 2026 earnings summary5 May, 2026
Executive summary
Achieved 17.9% year-over-year revenue growth in Q1 2026, reaching 144.6 MSEK, with EBITA up 28.3% to 7.7 MSEK and EBITDA up 27.7% to 10.6 MSEK.
Cash flow from operations improved to 12.2 MSEK from -0.9 MSEK, reflecting normalized working capital and strong sales.
Net profit rose 44% year-over-year to 5.2 MSEK, with EPS at 0.38 SEK (up from 0.27 SEK).
CEO announced resignation effective May 2026; recruitment for a successor is underway.
Financial highlights
Gross margin was 39.5%, down from 40.5% due to product mix shift toward lower-margin Exotic Snacks.
Operating expenses increased 12.6% to 46.5 MSEK, but as a share of sales, fell to 32.2% from 33.7%.
Net debt/EBITDA improved to 0.7 (from 0.9 at 2025 year-end); equity ratio rose to 43.1%.
Investments totaled 3.2 MSEK, mainly for new production equipment and store rollout.
Outlook and guidance
New medium-term targets (2026–2029): annual revenue growth >10%, EBITA margin >8% by period end, net debt/EBITDA <2.0, and dividend payout ≥25% of net profit.
Lowered food VAT from April 2026 expected to have a small positive impact on sales volumes.
Continued focus on brand strength, value chain integration, and cash flow improvement.
CEO resignation impact on 2026-2029 goals
Strategy to reverse Gårdschips volume decline
Addressing product mix impact on gross margin
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Next Premium Snacks Nordic earnings date
Q2 202621 Aug, 2026
Premium Snacks Nordic
Next Premium Snacks Nordic earnings date
Q2 202621 Aug, 2026
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