InvestSMART

Adairs Limited (ASX:ADH)

ALERT: Price-sensitive ASX Announcement for ADH
Current share price for ADH : $1.430 -0.38 (-20.99%)+
Announcement
Release
23 Feb 2026 9:00AM
Price at Release
$1.810
Full Release
download
Summary
Adairs Limited reported their performance for the first half of FY2026, showcasing a 4.0% increase in total sales to $229.4 million. The company's gross margin slightly increased by 1.2% to $139.1 million, while online sales saw a notable growth of 13.5%, now accounting for 28.9% of total sales. Despite growth in sales, EBITDA and EBIT margins saw a decline due to increased operational costs. The company emphasized strong performance during peak trading events and continued expansion efforts, including store refurbishments and new store openings. The report also highlighted strategic moves in product innovation, particularly for their Mocka brand, which saw a significant rise in sales by 29.8%. The group remains focused on enhancing customer experience through product and technology investments and plans to open new standalone stores in Australia and New Zealand, as well as entering new markets.
Key Points
  • Total sales for 1H FY2026 increased by 4.0% to $229.4 million.
  • Online sales grew by 13.5%, making up 28.9% of total sales.
  • EBITDA margins decreased due to increased operational costs.
  • Mocka brand sales increased by 29.8%.
  • New store openings and refurbishments planned to continue expansion.
  • Strong execution of peak trading events contributed to sales growth.
  • Investments in product innovation and technology remain a priority.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.