Stockmann Oyj Abp re-affirmed earnings guidance for the full year 2022. For the period, the company expects an increase in the Group's revenue compared to previous year. Guidance is based on the assumption that there will be no major changes in consumer spending during the latter part of the year.

Geopolitical instability in the world with high inflation and challenges in the supply chains and international logistics as well as the challenges of COVID-19 restrictions require that both divisions have to be adaptive and flexible to meet the future.