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Step One Clothing Faces $10M Inventory Hit Amid Revenue Slide
8:34am on Wednesday 18th of February, 2026 AEDT
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Retail
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Step One Clothing Faces $10M Inventory Hit Amid Revenue Slide
8:34am on Wednesday 18th of February, 2026 AEDT
Key Points
Revenue falls 24.5% to $36.3 million in 1H26
Inventory obsolescence provision of $10.9 million impacts EBITDA
Adjusted EBITDA narrows to $1.0 million from $11.2 million prior
Net loss after tax of $8.5 million versus prior profit
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STEP ONE CLOTHING (ASX:STP)
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