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 companyβs total to 109 physical outlets, with at least five more planned in H2 FY25
βThe 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.β β Alice Barbery, Universal Store Chief Executive Officer
ASX announcement ⚡
https://announcements.asx.com.au/asxpdf/20250220/pdf/06fqkq0rpxck53.pdf