Universal Store Holdings Ltd. (AU:UNI) has released an update.
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Universal Store Holdings Ltd reports a robust 19.3% increase in direct to customer sales for the first 17 weeks of FY25, driven by strong performances from its brands, including a notable 111.1% sales surge for Perfect Stranger. Despite inflationary pressures slightly raising operational costs, the company maintains solid gross margins and is on track to open 9 to 15 new stores by year-end. As Universal Store expands its retail presence, it continues to focus on enhancing customer experience and brand development.
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