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Step One Clothing Warns of Steep Revenue Drop and $10M Inventory Hit
9:24am on Thursday 4th of December, 2025 AEDT
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Retail
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Step One Clothing Warns of Steep Revenue Drop and $10M Inventory Hit
9:24am on Thursday 4th of December, 2025 AEDT
Key Points
1H26 revenue expected to fall 31%–37% to $30–33 million
EBITDA loss forecasted between $9 million and $11 million
A $10 million provision raised for obsolete inventory
Full-year EBITDA guidance withdrawn amid ongoing uncertainty
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Step One Clothing (ASX:STP)
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