Key points
- Record total sales of $225.1m, up 3.0% YoY
- Gross profit margin at 46.3%, up 80 bps YoY
- EBIT up 1.3% to $22.8m
- Soft start to FY27 with total sales down 3.2% YTD
- Maintained final dividend at 5.5 cents per share
Full summary
Shaver Shop Group Limited (ASX: SSG) reported its financial results for the year ended 30 June 2026 (FY26), highlighting a 3.0% increase in total sales to $225.1 million. The company achieved a record gross profit margin of 46.3%, up 80 basis points from the previous year, leading to a gross profit contribution of $104.2 million. Earnings before interest and tax (EBIT) increased by 1.3% to $22.8 million, while net profit after tax (NPAT) decreased slightly by 0.8% to $14.8 million. Operating cash flow rose 38% to $32.4 million, and the company maintained a strong balance sheet with net cash of $4.6 million and no debt. The company also declared a fully-franked final dividend of 5.5 cents per share, bringing the total FY26 dividend to 10.3 cents per share. The company experienced a softer start to FY27, with total sales down 3.2% year-to-date, attributed to strong promotions in FY26 and supply chain issues. The CEO remains optimistic about the upcoming promotional periods and new product launches.
Guidance
FY27 total sales down 3.2% YTD, gross margins slightly up vs prior comparative period
Outlook
The company remains focused on executing strongly over upcoming promotional periods and launching new product developments.