• Universal Store Holdings Ltd reported a 12.9% increase in revenue for FY26.
• The company's gross margin improved by 140 basis points to 62.5%.
• The company declared a final dividend of 17.0 cents per share.

Universal Store Holdings Ltd (ASX: UNI) has released its FY26 Annual Report, highlighting a robust financial performance. The company reported a 12.9% increase in revenue to $376.1 million, driven by robust like-for-like sales growth and the opening of 13 new stores. The gross margin improved by 140 basis points to 62.5%, supported by a strong private brand and third-party assortment. The company also recognized non-cash impairment costs of $23.8 million on CTC goodwill and THRILLS brand name. Despite these impairments, underlying EBIT increased by 17.2% to $64.0 million. The company ended the year with a strong cash balance of $23.3 million and nil bank borrowings. The directors declared a final dividend of 17.0 cents per share, reflecting the company's strong trading performance and solid cash position.

FY26 revenue: $376.1 million, Gross margin: 62.5%, Underlying EBIT: $64.0 million

The company plans to continue its retail expansion and digital transformation, focusing on enhancing customer experiences and driving sustainable growth.