Shaver Shop Group (ASX:SSG) announced a resilient set of financial results for the first half of the 2026 financial year, underpinned by record gross margins and a strong performance from its private label brand.
The Australian specialty retailer reported a 2.2% increase in total sales, reaching $128.6 million for the period ended Dec. 31, 2025.
Growth was driven by a 7.4% rise in online sales and a modest 0.5% uptick in-store, resulting in a like-for-like sales increase of 0.9%.
A major highlight of the report was the record gross profit margin of 46.5%, up 100 basis points compared to the previous corresponding period.
The margin expansion led to a 4.6% increase in gross profit to $59.8 million, with the "Transform-U" private brand—launched in late 2024—identified as the primary catalyst for the improvement.
Earnings before interest and tax rose 2.5% to $18.1 million, while net profit after tax grew 1.5% to $12.2 million.
The company maintains a robust financial position with $25.1 million in net cash and no debt, supported by a strong operating cash flow of $36.9 million.
Managing Director and CEO Cameron Fox expressed satisfaction with the results, noting that the business continues to fill market gaps through its private label strategy.
The board has declared a fully-franked interim dividend of 4.8 cents per share, consistent with the prior year.
At the time of reporting, Shaver Shop Group's share price was $1.56.