• Total sales up 4.2% to $844.6 million
• NPAT up 11.7% to $47.2 million
• Interim dividend of 5.5 cents per share

Accent Group Ltd has reported its H1 FY25 financial results, with total sales up 4.2% to $844.6 million and NPAT increasing 11.7% to $47.2 million. Retail sales were up 5.1% on H1 FY24, with like-for-like retail sales up 2.9%. The company opened 42 new stores during the half, taking the total store network to 903 across Australia and New Zealand. Vertical owned brand sales exceeded $65 million, while wholesale sales were up 1.3% on H1 FY24. The company's contactable customer base remained strong at 10.0 million. Accent Group has announced an interim dividend of 5.5 cents per share, fully franked, payable on 20 March 2025. Looking ahead, the company remains focused on driving profitable sales, managing costs and executing its growth initiatives, with plans to open at least 10 new stores in H2 FY25. The company also expects to conclude negotiations on a long-term strategic agreement with Frasers Group during the second half of FY25.

The company expects to open at least 10 new stores in H2 FY25.

In a challenging consumer environment, the company remains focused on driving profitable sales, managing controllable costs and executing its growth plan initiatives. The company also expects to conclude negotiations on a long-term strategic agreement with Frasers Group during the second half of FY25.