Kährs Q4 Sales Down 11%, 4% Decline in North America Sales

Malmo, Sweden, February 21, 2025-Kährs reported Q4 sales of amounted to $51.24 million, which was a decrease of -11% from the prior year’s $57.54 million. 

Kährs' order intake increased in Q4 by 4% compared to the previous year.

For the year, set sales amounted to $224.79 million, which was a decrease of -17% from $272.36 million. 

For North America, Q4 sales were $6.77 million, a decline of 4% compared to sales of $7.05 million in the prior quarter. For the fiscal year, NA sales were $27.36 million, a 17% decline compared to $33 million in 2023.

For NA in Q4, the company reports, “Demand remained weak in the quarter in both new construction and renovation, which resulted in lower traffic in stores all over the country. The market has been cautious in anticipation of the presidential election and is expected to remain weak until the new administration is in place in the first quarter.”