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Step One Clothing Limited ( (AU:STP) ) just unveiled an update.
Step One Clothing Limited held its 2025 Annual General Meeting, addressing the challenges faced over the past year due to economic pressures affecting consumer spending. Despite these challenges, the company reported a revenue increase of 2.8% to $86.9 million and a net profit after tax of $12.6 million. The company emphasized its four-pillar growth strategy, highlighting product innovation, customer acquisition, channel diversification, and international expansion. Key achievements included the launch of a new product line, a 15% growth in customer base, and a significant increase in indirect sales channels. The company remains focused on sustainable, profitable growth and is undertaking a strategic reset to improve performance in FY26.
The most recent analyst rating on (AU:STP) stock is a Buy with a A$0.85 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 direct-to-consumer online retailer specializing in high-quality, certified sustainable, and ethically manufactured underwear. The company has transformed the underwear market with its innovative designs and strong customer following, operating in Australia, the US, and the UK.
Average Trading Volume: 281,359
Technical Sentiment Signal: Sell
Current Market Cap: A$87.11M
See more data about STP stock on TipRanks’ Stock Analysis page.