Company Update
| Stock | Adore Beauty Group Ltd (ABY.ASX) |
|---|---|
| Release Time | 25 May 2026, 10:01 a.m. |
| Price Sensitive | Yes |
Adore Beauty Group Updates FY26 Performance and FY27 Targets
- FY26 revenue up 7.4% to $193.4 million
- New customer acquisition up 13.9%
- H2-FY26 gross margin expected at 34.5%
- FY26 underlying EBITDA expected at $4.0 million
- Three new stores opened in H2-FY26
Adore Beauty Group Limited (ASX: ABY) provides an update on its business and unaudited year-to-date financial performance. The company reports a 7.4% increase in FY26 revenue to $193.4 million for the first 47 weeks. New customer acquisition has increased by 13.9% over the prior corresponding period. Gross margins for H2-FY26 are expected to be in line with the prior year at 34.5%. FY26 full-year underlying EBITDA is expected to be approximately $4.0 million, representing about 2.0% of revenue. Three new Adore Beauty stores have opened in H2-FY26, bringing the total network to 20 stores. The Group is well-positioned to achieve FY27 targets, including at least 10% revenue growth and underlying EBITDA guidance of $9-13 million.
FY27 revenue growth of at least 10%, underlying EBITDA guidance of $9-13 million
Adore Beauty Group is well-positioned to benefit from completed capital investments, an omni-channel operating model, and cost efficiencies. The company expects to achieve significant growth and efficiency in FY27.