FY26 Full Year Results Announcement

• Total sales of $1.64 billion, up 1.2% from FY25
• Underlying EBIT of $105.3 million, reflecting strategic initiatives
• Final dividend of 1.25 cents per share, total dividends for FY26 at 4.5 cents
• Key initiatives under 2030 Strategic Growth Plan progressing well

Accent Group Limited (ASX: AX1) announced its FY26 results, showing total sales of $1.64 billion, a slight increase from FY25. The company reported underlying EBIT of $105.3 million, reflecting strategic initiatives. The final dividend was set at 1.25 cents per share, totaling 4.5 cents for FY26. The company successfully closed loss-making businesses, launched Sports Direct, and continued the TAF franchise reacquisition program. The FY26 EBIT before goodwill impairment was $82.6 million, above the mid-point of guidance. The company's net debt position stood at $141 million, with a leverage ratio of 1.18 times. Key initiatives under the 2030 Strategic Growth Plan are progressing well, targeting at least $1.9 billion in sales and a 9%+ EBIT margin by 2030.

FY26 underlying EBIT of $105.3 million, total sales of $1.64 billion

Accent Group expects to drive EBIT in FY27 through initiatives such as cost savings, FX hedging, and franchise reacquisitions, aiming to maintain an acceptable level of profit.