• 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

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.

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

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.