Matalan reports strong Q3 and Christmas trading

Matalan has reported a beardown third-quarter and Christmas trading show for the 4th ended 28 November 2025, with EBITDA rising 38% year-on-year (YoY) to £27m ($35.35m).

The British covering and homewares retailer said the betterment was supported by like-for-like (LFL) income maturation of 2% during the quarter.

The effect followed a beardown archetypal half, with EBITDA up 53% to £61m for the fiscal twelvemonth to date.

Online trading was a cardinal contributor, with LFL integer income rising 11% successful Q3.

Black Friday marked the retailer’s strongest online income time extracurricular the Covid period.

Matalan enforcement seat Karl-Heinz Holland said: “Our concern translation continues to present tangible results, with different beardown 4th of EBITDA performance, alongside a instrumentality to income growth. This reflects our relentless absorption connected delivering amended quality, benignant and value, underpinned by sustained concern successful product, stores and digital.”

Matalan linked the show to sustained concern successful integer capabilities, including a caller autochthonal app scheduled to motorboat aboriginal this twelvemonth and a refreshed loyalty scheme.

Store income remained stable, with refurbished locations delivering income 12% up of the wider estate.

The retailer said it intends to refurbish a further 40 stores successful the adjacent fiscal year.

Over the nine-week Christmas trading play ending 2 January 2026, LFL income accrued by 1%.

Womenswear and menswear some recorded affirmative performances, with women’s outerwear and men’s formalwear and sportswear highlighted arsenic cardinal categories.

Matalan said it gained marketplace stock successful some womenswear and menswear during the period, reflecting improvements to its merchandise scope and marque perception.

The retailer added that it outperformed the wider marketplace from October to December, achieving year-on-year income maturation up of peers.

The institution besides confirmed that Henrik Nordvall volition presume the relation of CEO connected 2 February 2026.

Last October, Matalan named erstwhile H&M enforcement Nordvall arsenic its CEO.

"Matalan reports beardown Q3 and Christmas trading" was primitively created and published by Retail Insight Network, a GlobalData owned brand.

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