• Sales of $333.3 million (+15.5% vs pcp), with 5-year sales CAGR of +16.6% (FY20 to FY25)
• Underlying EBIT of $54.6 million, up $7.5 million vs pcp (+15.9%)
• Group gross profit % expanded 100bps on pcp despite continued discounting from peers

Universal Store Holdings Ltd delivered a strong FY25 result, with sales of $333.3 million, up 15.5% on the prior corresponding period (pcp). The Group's 5-year sales CAGR from FY20 to FY25 was 16.6%. The Universal Store (US) business achieved 13.0% like-for-like (LFL) sales growth, while the Perfect Stranger (PS) retail format saw LFL sales growth of 25.5%. The CTC business, which includes the THRILLS and Worship brands, saw a 9.8% decline in sales on pcp due to lower wholesale performance. The Group opened 12 new stores in FY25 and closed 3, ending the year with 111 stores (excluding webstores). Underlying EBIT increased 15.9% to $54.6 million, with the Group's EBIT margin expanding 10bps to 16.4%. This was driven by improved gross profit, up 100bps to 61.1%, and disciplined cost management, though the cost of doing business increased 130bps to 33.1% of sales due to inflation, investment in the team, and higher bonus expenses. The Group's balance sheet remained strong, with $17.2 million in cash and no borrowings (excluding lease liabilities). The company declared a full-year dividend of 38.5 cents per share, an 8.5% increase on the prior year.