Oliver’s Real Food Swings to Profit on Cost Cuts and Store Rationalisation

Oliver’s Real Food Ltd. ( (AU:OLI) ) has provided an announcement.

Oliver’s Real Food reported a statutory net profit after tax of $995,000 for the first half of FY26, marking a $1.821 million turnaround from the prior corresponding loss and highlighting improved profitability despite a 4.7% decline in revenue following the closure of underperforming stores. Same-store sales rose 4.9%, gross margin improved to 64.4%, expenses fell 13.2%, and EBIT and EBITDA climbed sharply as management’s cost discipline, store rationalisation and tighter working capital delivered stronger cash flow and a more resilient, profitable network.

The board and management say the business enters the second half of FY26 in its strongest operational position, underpinned by continued same-store sales growth of 4.75% since January and a streamlined cost base that enhances operating leverage. Despite ongoing economic pressures and weaker consumer sentiment, Oliver’s expects its focus on profitability, cash generation and selective growth through potential commercial partnerships around its healthy food brand to support continued earnings momentum and strengthen its market positioning.

The most recent analyst rating on (AU:OLI) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Oliver’s Real Food Ltd. stock, see the AU:OLI Stock Forecast page.

More about Oliver’s Real Food Ltd.

Oliver’s Real Food Limited operates in the food and beverage sector, running a network of stores focused on healthier meal options for consumers. The company targets quality locations and prioritises a sustainable, profitable footprint over rapid network expansion, positioning itself as a health-oriented alternative in a challenging retail and consumer environment.

Average Trading Volume: 188,522

Technical Sentiment Signal: Sell

Current Market Cap: A$4.33M

For an in-depth examination of OLI stock, go to TipRanks’ Overview page.