Outlet Group Holding ASA: Financial results for the third quarter of 2026

Hagavik, 12 November 2026: Outlet Group Holding ASA ("Outlet Group", OSE: OUTLT) today reported revenue of NOK 740.1 million in the third quarter of 2026, an increase of 16.4% compared with the corresponding period last year. EBIT was NOK 142.0 million (NOK 134.8 million). Adjusted for IPO related costs, EBIT adjusted was NOK 150.2 million, corresponding to an adjusted EBIT margin of 20.3% (21.2%).

The Group's gross margin improved to 52.7% (51.1%) in the third quarter, primarily driven by higher own-brand margins and an increased own-brand share. Sport Outlet delivered like-for-like revenue growth of 5.2% in Norway (6.5%). For the first nine months of 2026, like-for-like revenue growth was 10.9% (5.5%).

For the first nine months of 2026, Group revenue increased by 21.9% to NOK 1,817.9 million, while reported EBIT increased to NOK 246.9 million (NOK 203.9 million). Adjusted EBIT increased by 28.4% to NOK 261.7 million. The adjusted EBIT margin improved to 14.4% (13.7%).

"The third quarter was characterised by continued growth and further expansion of our store network. Growth was strong across all core product categories in Sport Outlet, and a higher own-brand share supported the improvement in gross margin. We are also pleased with the progress of Kids Outlet, which delivered positive segment EBIT in the quarter," says Tor-André Skeie, CEO of Outlet Group.

Outlet Group opened five new stores during the quarter and 20 stores year to date, bringing the total store network to 145 stores at the end of September 2026, compared with 115 stores one year earlier. Signed lease agreements are in place to bring Kids Outlet to 30 stores by year-end.

On 24 September 2026, Outlet Group was listed on Oslo Børs following an initial public offering, including a primary share issue raising NOK 500 million in gross proceeds.

The interim financial report and presentation for the third quarter of 2026 are attached to this announcement. The interim report and the presentation, including the webcast, will also be made available at outletgroup.com

For further queries, please contact: Tor-André Skeie, CEO, +47 950 82 288, tas@outletgroup.no Christer Johan Jacobsen, CFO, +47 992 69 911, christer.jacobsen@outletgroup.no

About Outlet Group Outlet Group is a Norway-based value retailer offering sports equipment, apparel, footwear, toys and creative supplies through its Sport Outlet and Kids Outlet concepts. With a nationwide store network in Norway and the pilot in Poland, the Group combines own brands and selected third-party brands with direct sourcing, centralised operations and a clear commitment to offering quality products at consistently low prices.

Disclosure regulation: This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.