Footshop ups yr/yr sales to Kc422m in Q1

Prague, May 13 (CTK) - Sales of streetwear retailer Footshop rose by 45 percent year-on-year to Kc422m in the first quarter of 2025, and earnings before interest, taxes, depreciation and amortisation (EBITDA) amounted to Kc31m, up 32 percent year-on-year, according to company's preliminary results provided to CTK today.

The group's gross margin grew by 54 percent year-on-year to Kc187m.

"Our first quarter results confirm continued growth across markets and segments and build on 2024, our most successful year ever," said Footshop founder and CEO Peter Hajducek.

The group currently operates six brick-and-mortar stores, two in Prague and one in Bratislava, Budapest, Bucharest and Warsaw. The firm would like to open more shops in Sofia, Athens, Berlin, Paris, Lyon and Marseille.

The sales of group Footshop increased by a third year-on-year to approximately Kc1.4bn last year. EBITDA doubled to Kc117m.

Footshop was founded in 2012 in Prague. In June 2023, WOOD SPAC One from the Wood & Company group announced that it had bought a 48.5 percent stake in Footshop for Kc445m. Since August 2023, Footshop shares have also been publicly traded on the Standard market of the Prague Stock Exchange (BCPP).

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