Universal Store Holdings Ltd (ASX:UNI) Releases H1 FY25 Financial Report
Financial Performance
Universal Store Holdings Ltd reported a 16.1% increase in revenue for the half-year ended 31 December 2024, reaching $183.5 million. However, profit after income tax declined by 45.6% to $11.29 million.
Dividends
During the financial period, the Group paid a final dividend of $14.6 million for the year ended 30 June 2024, following a prior payment of $6.1 million. An interim dividend of 22.0 cents per share, fully franked, totaling $16.9 million, has been declared and is payable on 28 March 2025.
Operational Achievements
The Company currently operates 109 physical stores across Australia and online channels. During the period, seven new stores were opened, contributing $3.1 million in sales.
Future Outlook
Universal Store Holdings Limited aims to continue expanding its store portfolio, with plans to open additional locations in the coming quarters.
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