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Universal Store (ASX:UNI): Delivers strong growth as store roll out continues

Youth fashion retailer Universal Store (ASX: UNI) has served up a strong first half of the 2025 financial year (H1 FY25) underpinned by a solid rise in earnings stemming from robust sales growth and an expanding store network.

👟 Total sales of $183.5 million lift by 16.1% from the same time last year
👖 Underlying operating earnings (EBIT) of $35.4 million up by 14.9% from a year ago as gross profit margin rises to 60.6%
🧢 Opens seven new stores to take the company’s total to 109 physical outlets, with at least five more planned in H2 FY25

β€œThe youth fashion apparel customer continues to be discerning and willing to spend on on-trend, quality clothing. The Group remains focused on cost discipline as we build our team and system capability to support future growth.” – Alice Barbery, Universal Store Chief Executive Officer

ASX announcement ⚡
https://announcements.asx.com.au/asxpdf/20250220/pdf/06fqkq0rpxck53.pdf