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Step One Clothing Limited Reports FY25 Results with Strategic Growth Initiatives

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Step One Clothing Limited Reports FY25 Results with Strategic Growth Initiatives

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Step One Clothing Limited ( (AU:STP) ) just unveiled an announcement.

Step One Clothing Limited reported a revenue of $86.9 million for FY25, reflecting a modest growth of 2.8% amid challenging retail conditions. Despite a slight decline in EBITDA, the company maintained a strong financial position with no debt and a cash reserve of $33.1 million. The UK market showed promising growth, and the company plans to continue its profitable growth strategy by expanding its product range and refining its marketing approach. Step One is also focusing on inventory optimization and brand investment to enhance competitiveness and capture new opportunities in the evolving retail landscape.

The most recent analyst rating on (AU:STP) stock is a Buy with a A$1.25 price target. To see the full list of analyst forecasts on Step One Clothing Limited stock, see the AU:STP Stock Forecast page.

More about Step One Clothing Limited

Step One Clothing Limited is a leading online direct-to-consumer underwear brand. The company focuses on maintaining a strong market presence in the retail sector, with a significant emphasis on expanding its product range and enhancing brand visibility across various markets, including the UK and the US.

Average Trading Volume: 329,594

Technical Sentiment Signal: Sell

Current Market Cap: A$127.9M

See more data about STP stock on TipRanks’ Stock Analysis page.

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