Douglas - Drugstore Chain Back on Track Thanks to Cost-Cutting Measures!
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Business drivers: The drugstore chain Douglas primarily specializes in rather high-priced beauty and cosmetic products. Currently, like many other industry players, Douglas is struggling with rather subdued consumer demand, although they are countering this with restructuring and cost-cutting measures. On August 14, Douglas surprised with a better-than-expected Q3 result. According to the report, revenue increased by 3.2% to €1.00 billion, which was above consensus expectations of €980.2 million. They also exceeded consensus expectations...
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