• Group sales of $333.3 million, +15.5% vs prior year
• Underlying EBIT of $54.6 million, +15.9% vs prior year
• Underlying NPAT of $34.8 million, +15.2% vs prior year

Universal Store Holdings Limited (ASX: UNI), a specialty retailer of youth casual fashion apparel, has released its full year results for the period ended 30 June 2025 (FY25). The Group delivered a strong FY25 result with underlying EBIT of $54.6 million, up 15.9% versus the prior corresponding period (pcp). Underlying NPAT was 15.2% higher at $34.8 million. Total sales of $333.3 million grew 15.5% on pcp, driven by growth in Universal Store (+15.0%) and Perfect Stranger (+83.1%). Gross profit margins expanded a further 100 basis points versus pcp, to 61.1%, due to higher private brand sales mix. Universal Store's LFL sales grew 13.0%, reflecting increases in both sales transactions and average transaction value. Perfect Stranger continued to attract new customers, with LFL sales up 25.5%. CTC sales declined 9.8% versus pcp, impacted by a 13.8% decrease in the wholesale channel, partially offset by 2.9% DTC channel growth. The Group recognized a $13.6 million goodwill impairment charge for CTC in H1 FY25. For the first 7 weeks of FY26, Group sales are up 17.2% on pcp, with Universal Store +14.7% and Perfect Stranger +52.8%. The Group plans to open 11-17 new stores across its brands in FY26.

The Group expects CTC wholesale sales to remain challenging in FY26, with the CTC wholesale channel representing less than 5% of Group sales. Management intends to open 11 to 17 new stores across the Group in FY26.

The Group continues to focus on cost discipline as it builds team and system capability to support future growth. Management remains confident in CTC's long-term potential, having onboarded new leadership during the year and further progressing the retail and online strategy.