Adore Beauty Group Ltd. (AU:ABY) has released an update.
Adore Beauty Group Limited reports a 7.4% increase in annual revenue to $195.7 million for FY24, alongside a record 519k returning customers, marking a growth of 5.8%. The online beauty retailer is also set to complete the iKOU acquisition by the end of July 2024, with products hitting the platform in August, and anticipates the move will boost earnings per share in FY25. Additionally, the search for a new CEO to replace Tamalin Morton by September is underway.
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