Shoppers Stop Q2 FY25 results (Jul–Sep 2024) and concall

Shoppers Stop reported a challenging Q2 FY25 with muted demand in July and August, but saw strong recovery in September. The company's premiumization strategy and Beauty segment continued to perform well, while the new INTUNE format expanded aggressively. Management provided a positive outlook for H2 FY25, anticipating mid-single-digit like-for-like growth and continued store expansion, alongside efforts to improve margins and reduce debt.