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Klarna cuts full-year revenue outlook, shares drop 19% despite strong Q2 results

Company Fundamentals
18 Aug 2026
24/7 Wall Street
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Bearish
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Klarna's stock fell 19% after it lowered its full-year revenue and volume forecasts, overshadowing a strong Q2 report that beat expectations on revenue, earnings, and transaction margins. The company now expects lower gross merchandise volume and revenue, partly due to currency effects, but raised profit margin guidance and maintained operating income outlook. The decline is seen as company-specific, driven by softness in Germany's discretionary retail sector. Investors will watch upcoming retail data and Q3 revenue guidance for signs of stabilization.

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