Adairs Grows Revenue but Half-Year Profit Drops, Dividend Maintained

Adairs Ltd. ( (AU:ADH) ) has provided an announcement.

Adairs Limited reported a 5.9% rise in half-year sales to $328.97 million for the 26 weeks to 28 December 2025, but profitability weakened as statutory net profit after tax fell 33.8% to $12.84 million. Underlying EBIT declined 9.1% to $29.96 million, indicating margin pressure despite top-line growth, and net tangible liabilities per share deepened to negative $0.21, reflecting a more leveraged balance sheet.

The board declared a fully franked interim dividend of 5.5 cents per share, with payment due on 7 April 2026 and continued operation of the dividend reinvestment plan at a 1.5% discount. The company plans to satisfy DRP commitments through the issue of new shares, supporting cash preservation while still returning capital to shareholders, and confirmed there were no changes in controlled entities and that its reviewed accounts received an unqualified audit opinion.

The most recent analyst rating on (AU:ADH) stock is a Hold with a A$2.05 price target. To see the full list of analyst forecasts on Adairs Ltd. stock, see the AU:ADH Stock Forecast page.

More about Adairs Ltd.

Adairs Limited is a home furnishings and bedding retailer operating through a network of stores and online channels. The company focuses on homewares, furniture and related lifestyle products, targeting consumers seeking mid-market, fashion-forward home decor across its core markets.

YTD Price Performance: 1.42%

Average Trading Volume: 782,691

Technical Sentiment Signal: Sell

Current Market Cap: A$312.1M

For detailed information about ADH stock, go to TipRanks’ Stock Analysis page.