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Accent Group Navigates Margin Pressure, Closes MySale, Expands Sports Direct
9:17am on Friday 21st of November, 2025 AEDT
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Accent Group Navigates Margin Pressure, Closes MySale, Expands Sports Direct
9:17am on Friday 21st of November, 2025 AEDT
Key Points
Total group owned sales up 3.7% in first 20 weeks of FY26
Like-for-like retail sales down 0.4%, gross margin 160 basis points lower
H1 EBIT guidance revised to $55M-$60M including MySale losses
MySale operations to be discontinued and wound down early Q3 FY26
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