SHOPERSTOP

What Shoppers Stop promised, and what happened

Every commitment management made on a call, tracked from the quarter it was made — reaffirmed, revised, diluted or quietly dropped.

Guidance record · Q1 FY27

what the last two calls moved 16 tracked 1 delivered 7 missed 8 open
  • Core Business EBITDA Margin delivered said Q2 FY26 Promised: mid-single-digit or slightly better for FY26 Q1 FY27: Management stated the full last year (FY26) margin was 4.7%, which is within the 'mid-single-digit' range.
  • INTUNE Store Count went quiet said Q1 FY25 Promised: 75+ stores by end of FY25 Q1 FY27: Final FY25 number was not discussed.
  • INTUNE Complete Breakeven delayed said Q3 FY25 Promised: Complete breakeven (including SO cost) by Q3/Q4 FY26 Q1 FY27: INTUNE showed 10% LFL growth after 4 quarters of decline. Management expects substantial loss reduction from Q2 FY27 onwards, reinforcing the delayed timeline towards FY27 breakeven.

The rest of the ledger

Above is what the last two calls moved. Pro opens all 16 tracked commitments for Shoppers Stop — every quarter's revision, the source quote behind each one, and the topics management has stopped answering.

See what Pro opens