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Universal Store Holdings Limited (ASX:UNI)

ALERT: Price-sensitive ASX Announcement for UNI
Current share price for UNI : $7.690 0.43 (5.92%)+
Announcement
Release
5 May 2026 8:46AM
Price at Release
$7.260
Full Release
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Summary
Universal Store Holdings Limited has reported a positive trading update for the first 43 weeks of the financial year 2026 (FY26), with Group retail sales growing by 14.0%. The Universal Store and Perfect Stranger brands saw significant like-for-like sales growth, while CTC's physical stores also performed well with a 17.9% increase. However, the CTC wholesale channel continued to face challenges, leading to a planned impairment of $24 million in intangible assets. The company expects FY26 Group sales to be between $368 million and $375 million, with an underlying EBITA forecast of $61.5 million to $64.5 million, representing an 11.5% and 15.4% growth respectively over FY25. Despite macroeconomic uncertainties, the company's year-to-date performance remains strong.
Key Points
  • Group retail sales grew by 14.0% for the first 43 weeks of FY26.
  • Universal Store achieved like-for-like growth of 8.5%.
  • Perfect Stranger saw a like-for-like growth of 12.9%.
  • CTC physical stores achieved a 17.9% increase in sales.
  • CTC's wholesale channel is facing structural challenges.
  • Impairment of CTC intangible assets of approximately $24 million planned.
  • Expected FY26 Group sales range: $368m to $375m.
  • Expected FY26 underlying EBITA: $61.5m to $64.5m.
  • Sales and profit growth despite geopolitical and economic uncertainties.
  • YTD performance based on unaudited accounts, FY26 results subject to audit.
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.