Earnings release
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MAISONS DU MONDE PRESS RELEASE MAISONS DU MONDE FIRST QUARTER 2021 : OMNICHANNEL MODEL AND DIFFERENTIATED OFFERING DELIVER OUTSTANDING SALES GROWTH NANTES - 12 May 2021 , 07:45 CEST - Maisons du Monde ( Euronext Paris : MDM ; ISIN : FR0013153541 ) , a European leader in affordable and inspirational household decoration and furniture , today announces its first - quarter 2021 sales . First quarter sales : € 331 million : + 35.8 % ¹ ( + 36.6 % LFL ) Record online sales growth : + 76 % Very strong store sales growth : + 19 % Sales well above pre - pandemic levels : + 18.1 % ( + 11.9 % LFL ) vs Q1 2019 • Despite uncertain environment , FY guidance fully confirmed Julie Walbaum , Chief Executive Officer , declared : " Maisons du Monde turned in an outstanding performance in the first quarter , providing another clear demonstration of the attractiveness of our brand and strength of our omnichannel model . Sales growth was driven both by an excellent performance by stores that remained opened and record online activity . The latter's 76 % growth was achieved thanks to the success of our own collections and by the continuing promising ramp - up of our selective marketplace . Given this momentum , the Group currently expects to post a solid Q2 . At the same time , the H2 environment remains uncertain , given the potential impact of the ongoing pandemic on store activity and supply chain , notably in India . Despite this lack of visibility , our distinctive model and proven ability to execute our strategic priorities allow us to fully confirm our full - year guidance . " 1 All percentages in this release are year on year comparisons with the exception of the EBIT margin and percentages of sales in the table on Page 5 . 1