Shaver Shop Group Earnings Call Transcripts
Fiscal Year 2026
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Record sales and gross profit were achieved, driven by strong online growth and the success of exclusive brands, especially Transform-U. Despite a flat net profit, robust cash flow supported high dividends and reinvestment. Early FY2027 trading is softer, with sales down 3.2% year-over-year.
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First half FY26 saw record gross margins, 2.2% sales growth, and strong cash flow, driven by exclusive products and Transform-U. Online sales rose 7.6%, and early second half trading remains positive, with continued investment in brand and store network.
Fiscal Year 2025
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FY25 saw flat sales but record gross margins and EBIT growth, driven by exclusive brands and the successful launch of TRANSFORM-U. Early FY26 trading is positive, with sales and online growth, while the business continues to invest in store upgrades and private label expansion.
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First half sales declined 1% year-over-year, but gross profit margin rose to 45.5% driven by exclusive brands and the successful TRANSFORM-U launch. Net profit after tax was AUD 12 million, and the interim dividend increased. Early H2 trading shows modest sales growth.
Fiscal Year 2024
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FY 2024 saw a 2.3% sales decline and 10.1% lower net profit, but strong cash flow and margins were maintained. Exclusive brand deals and a new private label are set to drive growth, with FY 2025 sales flat so far and no formal guidance due to retail volatility.