The Universal Store Holdings Ltd (ASX: UNI) share price is in focus after the company reported a 12.9% rise in revenue to $376.1 million for FY26, with underlying NPAT up 16.3% to $40.5 million.
What did Universal Store report?
- Revenue of $376.1 million, up 12.9% from FY25
- Underlying net profit after tax (NPAT) of $40.5 million, up 16.3%
- Statutory NPAT of $18.2 million, down 21.6% due to non-cash impairments
- Gross margin of 62.5%, up 1.4 percentage points
- Underlying EBIT of $64.0 million, up 17.2%
- Final fully franked dividend of 17 cents per share (FY total dividends: 43.0 cps)
What else do investors need to know?
The group opened 13 new stores in FY26, ending the year with 123 physical locations across its Universal Store, Perfect Stranger, and THRILLS banners. Like-for-like growth was robust in Universal Store (+8.1%) and Perfect Stranger (+13.0%), though CTC (THRILLS) wholesale sales declined further, leading to $23.8 million in non-cash impairments.
Online sales rose 10.8% to $49.2 million, making up 13.1% of total revenue. Universal Store Holdings finished the year with a strong cash balance of $23.3 million and no bank debt, maintaining significant headroom on all covenants.
What’s next for Universal Store?
Universal Store plans to continue expanding its retail footprint, especially for Universal Store and Perfect Stranger, with a similar pace of store rollouts expected in FY27. The THRILLS retail and online strategy will remain a priority as the business focuses more on direct-to-customer channels.
Investments in digital, supply chain, and team capability will continue as the group aims for sustainable long-term growth. The board has also flagged upcoming changes in leadership, with George Do set to take over as CEO in November 2026.
Universal Store share price snapshot
Over the past 12 months, Universal Store shares have declined 21%, trailing the All Ordinaries Index (ASX: XAO), which has risen 1% over the same period.
