• Sales of $91.8m, +5.1% vs 1H FY25
• Underlying EBIT of $14.3m, +3.5% vs 1H FY25
• Statutory NPAT of $10.0m, +5.2% vs 1H FY25

Dusk Group Ltd (ASX: DSK) today reported its half-year results for the 26 weeks ended 28 December 2025. The company delivered a record first-half performance, with sales of $91.8m, up 5.1% compared to the prior corresponding period (1H FY25). This was driven by product innovation, targeted marketing, and improved retail consistency. The company performed well across key events, including Christmas and Halloween, with the refreshed Signature range maintaining robust double-digit sales growth. Online sales grew 16.5%, now representing 8.7% of total sales. Gross profit increased 5.1% to $59.9m, with the gross profit margin slightly ahead at 65.2%. Cost of doing business (CODB) was tightly controlled, increasing 5.9% to $43.6m, which included costs for 3 new store openings and 10 additional Pop Ups. Underlying EBIT increased 3.5% to $14.3m, and statutory NPAT grew 5.2% to $10.0m. The company ended the period with net cash of $35.8m and no debt. The Board has declared a fully franked interim dividend of 4.0 cents per share.

The company expects gross margin to be in line with the prior corresponding period for 2H FY26. The company plans to close 7 stores and open 2 new stores in 2H FY26, improving overall earnings.

The company continues to innovate and refresh its product range, including launching a new Australian-Made core product range in February 2026 and a refreshed Signature range. The company's product mix is increasingly weighted toward core ranges, reducing reliance on fashion-led items and improving sales predictability. The company is also scaling back its New Zealand operations to focus resources on areas delivering the strongest returns.