Shaver Shop Group (SSG) H1 2026 earnings summary

Executive summary

• Achieved sales of AUD 128.6 million in H1 FY26, up 2.2% year-over-year, with both in-store and online channels growing and strong omni-channel execution.

• Net profit after tax rose 1.5% to AUD 12.2 million, with a record gross profit margin of 46.5%.

• Online sales accounted for 24.6% of total sales, up 7.6% year-over-year.

• Maintained leadership in personal care and grooming across Australia and NZ, with 126 corporate-owned stores and high brand awareness (87%).

• Continued focus on exclusive products, private brand (Transform-U/Transform-UTM), and store network optimization.

Financial highlights

• Gross profit increased 4.6% to AUD 59.8 million, with a record gross margin of 46.5%.

• EBIT increased 2.5% to AUD 18.1 million; EBIT margin steady at 14.1%.

• Operating cash flow reached AUD 36.9 million, up AUD 8.9 million year-over-year.

• Basic and diluted EPS at AUD 0.093 per share, unchanged from prior year.

• Fully franked interim dividend of AUD 0.048 per share declared.

Outlook and guidance

• Early second half FY26 sales up 3.8%, with like-for-like sales up 1.9% through late February.

• Continued expansion of Transform-U/Transform-UTM range and launch of a dedicated website planned by end of March.

• Store network to expand to 127 stores by March 2026, with additional refits and relocations.

• Gross margins expected to remain flat as growth comes from lower margin categories.

• No significant events or changes in operations expected post-reporting date.