Dusk Group reports $148.9M full year sales

• Dusk Group recorded $148.9 million in total sales for the 2026 financial year.
• The company reported a statutory net profit of $5.4 million and maintained a zero-debt balance sheet.
• The company stated that the results validate its three-year strategic transformation to build a more resilient retail business.

Dusk Group (ASX:DSK) expanded its profit margins and grew annual sales by 8.4% to $148.9 million. Statutory net profit after tax jumped 23.1% to $5.4 million.

The revenue growth contrasts with the $137.4 million in total sales reported during the previous 12-month period. Gross profit came to $96.2 million.

The growth was driven by the rejuvenation of our core product offering, led by the Signature product range refresh, which delivered a double-digit uplift versus the prior collection.

"Against a subdued retail environment, the company remained focused on the factors within its control, delivering record total sales and online sales while continuing to expand margins," said Dusk Group CEO and Managing Director Vlad Yakubson.

The retailer closed six locations to finish with 144 stores. Inventory closed at $21.2 million compared to $17.3 million at the end of FY25.

Following the announcement, the Dusk Group share price was up at $0.75, as the company forecast ongoing operational resilience.

The board declared a fully franked final dividend of 1.6 cents per share, bringing total dividends for FY26 to 5.6 cents per share.

In H1 FY27, the company expects to open two new stores and close three stores as part of our ongoing store optimisation strategy, with a continued focus on improving store productivity and portfolio returns.

The specialty retailer generates revenue through the in-house design and distribution of candles and home fragrance products.