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Accent Group Ltd ( (AU:AX1) ) has provided an update.
At the 2025 Annual General Meeting, Accent Group Ltd reported total company-owned sales of $1.46 billion for FY25, with a net profit after tax of $57.7 million, despite a challenging consumer environment. The meeting also addressed the temporary absence of CEO Daniel Agostinelli due to illness, with the senior executive team taking on additional responsibilities. The company withdrew several agenda items following discussions with proxy advisors and shareholders, indicating a responsive approach to stakeholder engagement.
The most recent analyst rating on (AU:AX1) stock is a Hold with a A$1.50 price target. To see the full list of analyst forecasts on Accent Group Ltd stock, see the AU:AX1 Stock Forecast page.
More about Accent Group Ltd
Accent Group Ltd is a company operating in the retail industry, primarily focusing on footwear and apparel. It is listed on the Australian Securities Exchange (ASX: AX1) and is known for its extensive portfolio of brands and retail outlets across Australia and New Zealand.
Average Trading Volume: 2,050,836
Technical Sentiment Signal: Sell
Current Market Cap: A$709.2M
For a thorough assessment of AX1 stock, go to TipRanks’ Stock Analysis page.