Universal Store Holdings Ltd. (AU:UNI) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
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.
For further insights into AU:UNI stock, check out TipRanks’ Stock Analysis page.
Trending Articles:
- “The No. 1 Destination for the Most Talented Artists”: Netflix Stock (NASDAQ:NFLX) Notches Up as the Duffer Brothers Consider Jumping Ship
- “Breakthrough EVs”: Ford Stock (NYSE:F) Notches Up on New Battery Details
- “An Equity Stake”: Intel Stock (NASDAQ:INTC) Surges as U.S. Government May Buy In With CHIPS Act Money