Universal Store Holdings Ltd AGM Chair Address and Presentation
Key points
- FY26 revenue increased by 12.9% to $376.1 million
- Underlying Group Profit after tax rose 16.3% to $40.5 million
- Dividend increased by 11.7% to 43.0 cents per share
- Leadership transition with George Do succeeding Alice Barbery as CEO
- Positive outlook with focus on growth and sustainability
Full summary
Universal Store Holdings Ltd's 2026 Annual General Meeting (AGM) highlighted robust financial performance for the year. The company reported a 12.9% increase in revenue to $376.1 million, with underlying Group Profit after tax rising 16.3% to $40.5 million. Earnings per share increased to 52.8 cents from 45.4 cents in FY25. The Board declared a total fully franked dividend of 43.0 cents per share, up from 38.5 cents in FY25. The company also announced a leadership transition, with George Do succeeding Alice Barbery as CEO effective November 1. The Chair's address emphasized the company's strategy to grow premium youth fashion brands and omni-channel retail and wholesale businesses. The company remains positive about the development opportunities for its CTC's retail channel and focused on driving like-for-like sales growth and margin improvement.
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