The reason for the profit warning is a "short-term unsatisfactory low availability of the right stock products as a result of the assortment review," the owner company, Kjell Group, says in a press release.
Net sales have fallen to SEK 697.2 million, from SEK 773.4 million a year earlier.
At the same time, the gross margin increased during the quarter, from 39.4 to 43.2 percent.
The company is also carrying out a rights issue of approximately SEK 145.5 million. The price per share will be SEK 5.90, which can be compared to Monday's closing price of SEK 8.00.
A directed new share issue of approximately SEK 60 million is also being made to Göran Westerberg, the outgoing CEO of the retail chain Rusta.
