• Record total sales of $148.9m, up 8.4% like-for-like
• Online sales up 16.9% with improved customer journeys
• Underlying EBIT up 15.6% to $8.9m, driven by efficiency gains
• Strong balance sheet with cash balance of $18.3m
• Solid start to Q1 trade with LFL sales growth of 5.4%

Dusk Group Ltd's FY26 results show record total sales of $148.9m, up 8.4% like-for-like. Online sales grew 16.9%, and gross profit increased by 10.1% to $96.2m. Underlying EBIT rose 15.6% to $8.9m, and underlying net profit after tax was $6.6m, up 7.6%. The company's balance sheet is strong with a cash balance of $18.3m. The Q1 trade update shows LFL sales growth of 5.4%, driven by improved product ranging and stock availability. The company plans to close 3 stores and open 2 stores in 1H FY27, aiming to improve overall earnings. Gross margin is expected to be higher than the prior comparative period for 1H FY27.

Underlying EBIT guidance for 1H FY27 is expected to be higher than the prior comparative period

The company expects gross margin to be higher than the prior comparative period for 1H FY27. Momentum continues to build, supported by enhanced product, the performance of the new AfterGlow store format, and improved marketing and in-store service.