Padini Holdings Berhad's EPS came in about 23% below expectations in its latest results, prompting analysts to make substantial downward revisions to their revenue and earnings estimates.
Following the latest results announcement, the company's revenue came in at RM1.9 billion, 4.2% below analysts' expectations. EPS was RM0.11, reportedly well below expectations.
Before the results announcement, analysts had forecast 2027 revenue of about RM2.01 billion and EPS of approximately RM0.15, but their outlook was reportedly revised downward following the latest announcement.
Analysts' price targets were lowered by an average of 13% to RM1.65, while the bullish-to-bearish range remained wide, from RM2.58 to RM1.15. Revenue growth is expected to be 1.5% annually through the end of 2027, slowing from 12% over the past five years.
Compared with the broader industry, peers' revenue growth is forecast at 2.9% annually, highlighting the expected slowdown in the company's growth, according to the analysis.