Adore Beauty Group Says Year-to-Date Revenue Up Over 7%; Shares Jump 5%

MT Newswires Live

May 25

Adore Beauty Group (ASX:ABY) said its revenue for the 47 weeks ended May 24 came in at AU$193.4 million, rising 7.4% over the prior corresponding period, according to a Monday Australian bourse filing.

The company's year-to-date new customer acquisition was up nearly 14% over the prior corresponding period. It opened three new Adore Beauty stores opened in the second half of fiscal 2026, with its total network now at 14 Adore Beauty stores and six iKOU stores.

Chief Executive Sacha Laing said more pronounced cost-of-living pressures saw an increase in promotional activity in the market through April and May, resulting in a tempered slowdown in trading in the fiscal fourth quarter.

The company provided fiscal 2027 revenue growth target of at least 10% and underlying earnings before interest, taxes, depreciation, and amortization guidance of AU$9 million to AU$13 million.

It expects to commission its new National Distribution Center in the first quarter of fiscal 2027, saving around AU$2 million in annualized labor costs. It will open four more Adore Beauty stores and one iKOU store during the fiscal first half.

The company's shares jumped nearly 5% in recent trading on Monday.

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