Polish Supermarket Chain Dino Polska Shares Tumble after Earnings Miss

By Joe Stonor

Shares in Polish supermarket chain Dino Polska fell steeply Friday as tighter-than-expected margins caused the group's fourth-quarter earnings to fall short of market expectations.

The stock plummeted more than 16% to 33.92 zloty after the earnings, its lowest level since October 2024. Dino Polska is the second-sharpest faller in the Europe-wide Stoxx 600 index in afternoon European trade.

Earnings before interest, taxes, depreciation and amortization in the fourth-quarter amounted to 613.5 million zloty ($165.4 million), missing a consensus estimate of 721.2 million zloty compiled by Polish group PAP Biznes.

Ebitda margin fell by 0.3 percentage points on-year in 2025. Moreover, tighter gross margins drove disappointing fourth-quarter profits, the Citi analysts said.

For the year ended Dec. 31, pretax profit was 1.93 billion zloty, up from 1.79 billion zloty in 2024. The group's spending on administrative costs jumped by 30% to 303.9 million zloty for the year.

Dino operates more than 3,000 stores across Poland and has grown quickly in recent years, more than doubling the number of stores it had in 2020. The group said it employs close to 56,000 people across Poland, making it one of the country's largest employers.

Write to Joe Stonor at josephmichael.stonor@wsj.com

(END) Dow Jones Newswires

March 27, 2026 09:29 ET (13:29 GMT)