The Fielmann Group (FLMNF.PK) announced it has closed on its acquisition of Shopko Optical. It will contribute six months of business sales in the current year. Shopko Optical's fiscal 2024 profit contribution is expected to be limited, Fielmann noted. Russ Steinhorst, former CEO of Shopko Optical, has been appointed Executive Vice President and Chief Financial Officer of Fielmann USA.
The Fielmann Group raised sales outlook for 2024 proportionally to around 2.3 billion euros, revised from prior guidance of around 2.2 billion euros. EBITDA margin remains in line with previously issued guidance, the Group said.
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May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.