Key points
- Record Group revenue of $207.3 million, up 4.3% over prior comparable period
- 13 new retail stores opened, bringing total to 20 stores
- Omnichannel customer lifetime value 2.5x higher than single channel
- Underlying EBITDA of $3.8 million, 1.8% of revenue
- FY27 revenue growth target of at least 10%, EBITDA target $9-$13 million
Full summary
Adore Beauty Group Limited (ASX: ABY) reported record Group revenue of $207.3 million for the 12 months ending 30 June 2026 (FY26). The company experienced a 4.3% increase over the prior comparable period, driven by its loyalty program, retail network, and IKOU brand. Adore Beauty opened 13 new retail stores, bringing the total to 20 stores, and completed significant infrastructure investments, including a new semi-automated National Distribution Centre and rollout of new ERP software. Despite the challenging retail environment, the company saw a 14.4% increase in new customers, with omnichannel customers contributing 9.6% of total sales in FY26. Adore Beauty expects to deliver a material step-up in revenue and profitability in FY27, targeting revenue growth of at least 10% and Group underlying EBITDA between $9-$13 million.
Guidance
FY27 revenue growth target of at least 10%, EBITDA target $9-$13 million
Outlook
Adore Beauty expects to deliver a material step-up in revenue and profitability in FY27, supported by approximately $4 million of annualised cost savings, maturation of the store network, and growth in retail media and owned brands.