GN Store Nord faces Q3 earnings miss as macro headwinds weigh on guidance
GN Store Nord reported third-quarter results slightly below expectations, as tariff costs and weak demand in Enterprise and Gaming offset healthy growth in Hearing. Management maintained its 2025 objectives, but the risk backdrop points to lower estimates and a downward revision of the target price.
Published on 11/07/2025
at 03:23 pm EST - Modified on 11/07/2025
at 02:45 pm EST
GN Store Nord A/S specializes in design, manufacturing and marketing of hearing systems and hands-free audio equipment. Net sales break down by family of products as follows:
- wireless audio equipment (60.5%): wireless headsets (No. 1 worldwide), earpieces for mobile telephones and accessories (amplifiers, cords, etc.) sold under Jabra brand;
- hearing systems and diagnostic instruments (39.6%): hearing aids and hearing protection devices (ReSound, Beltone, Interton and ReSound Forte brands).
Net sales are distributed geographically as follows: Europe (67.9%), North America (29.8%) and other (2.3%).
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