Axfood - Potential shortThe Axfood stock is trading in a negative trend, building a bear flag since October 2022. The price is testing MA200 a R/R for a short is starting to look interesting (around 300 SEK).
Next report date
Report period
Q2 2024
EPS estimate
0.30USD
Revenue estimate
1.97 BUSD
1.03USD
222.02 MUSD
7.64 BUSD
About AXFOOD AB
Sector
Industry
CEO
Klas Balkow
Website
Headquarters
Stockholm
Employees (FY)
7.56 K
Founded
1958
FIGI
BBG000GDV8P4
Axfood AB engages in retail and wholesale of food through store chains. It operates through the following operating segments: Willys, Hemköp, Snabbgross, and Dagab. The Willys segment is Sweden’s discount grocery chain with a wide and deep assortment in Group-owned stores and online. The Hemköp segment offers through its Group-owned stores, franchise stores and online business an attractively priced and wide assortment with a rich offering of fresh products. The Snabbgross segment is one of Sweden's restaurant wholesalers with a customer base of restaurants, fast food operators and cafés. The Dagab segment handles the assortment, purchasing and logistics for the entire Axfood Group, as well as for other B2B customers; and also includes the online grocery store Mat.se, the meal kit company Middagsfrid, the online pharmacy Apohem, and Urban Deli, a combined restaurant and market hall concept with own food production. Axfood was founded in 1958 and is headquartered in Stockholm, Sweden.
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