Dusk Group lifts sales 7.2% as expansion looms

• Dusk Group increased like-for-like sales by 7.2% during the first 15 weeks of FY27.
• The retailer's total revenue grew 5.7% over the same period despite operating six fewer stores.
• Management is targeting offshore growth with a planned market entry into South Africa during FY27.

Dusk Group (ASX:DSK) lifted like-for-like sales by 7.2% in the first 15 weeks of FY27, backed by strong store productivity and improved stock availability.

The sales growth extends positive momentum for the home fragrance retailer after operating six fewer retail locations than in the previous corresponding period.

"South Africa offers attractive retail fundamentals, established shopping-centre infrastructure, favourable demographics, and a strong track record for Australian speciality retailers," said Dusk Group Managing Director Vlad Yakubson.

The company expects its gross margin for the first half of FY27 to exceed the prior period, supported by a 6.9% increase in gross margin dollars.

The expansion strategy includes opening three to five stores in South Africa while adding more than 10 new or refurbished AfterGlow format stores in Australia during FY27.

Following the announcement, the Dusk Group share price was up at $0.72.

During FY26, the retailer delivered record total sales of $148.9 million.

The company finished the 2026 financial year debt-free with $18.3 million in cash reserves while expanding its active Dusk Rewards programme to 768,000 members.