Universal Store Holdings Reports Strong FY24 Growth

Universal Store Holdings Ltd. (AU:UNI) has released an update.

Universal Store Holdings Ltd. reports a robust trading performance with a 9.7% increase in sales to $288.5 million in FY24 compared to the previous year. The company’s underlying EBIT is also expected to rise to between $46.0 million to $47.0 million, signifying a substantial growth from FY23’s $40.4 million. These positive outcomes reflect the company’s strategic focus on customer engagement, inventory management, and cost control amid challenging economic conditions.

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