AX1 Price sensitive 21 Aug 2026, 8:50 AM

FY26 Full Year Investor Presentation

Accent Group Ltd

Accent Group FY26 Full Year Investor Presentation

Key points

  • FY26 total sales increased by 4.7% to $1.53 billion
  • Underlying EBIT of $105.3 million, down from $110.2 million in FY25
  • Dividends reduced to 4.50 cents per share, down from 7.0 cents in FY25
  • Strong retail performance with owned retail sales up 4.0%
  • Wholesale sales grew by 10.8% with vertical owned brands contributing $137 million

Full summary

Accent Group's FY26 results show a 4.7% increase in total sales to $1.53 billion. Underlying EBIT was $105.3 million, down from $110.2 million in FY25. The company reduced dividends to 4.50 cents per share, down from 7.0 cents in FY25. Owned retail sales increased by 4.0%, while wholesale sales grew by 10.8%. Vertical owned brands contributed $137 million. The company closed loss-making businesses and exited low-performing distributed brands. It launched and expanded Sports Direct and continued the TAF franchise reacquisition program. The company expects to achieve $10-15 million of net cost savings in FY27, with an estimated $10-20 million in gross margin upside from FX hedging.

Guidance

FY27 EBIT benefit of +$2 million from store optimization, $10-15 million net cost savings

Outlook

Accent Group expects to achieve $10-15 million of net cost savings in FY27, with an estimated $10-20 million in gross margin upside from FX hedging. The company also expects to achieve an estimated $10 million benefit from The Athlete's Foot franchise reacquisitions, store portfolio optimization, and new stores.

Summary generated by a large language model. Please interpret with care.

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