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Why Did Step One Clothing Plunge to an $8.5M Half-Year Loss?

8:34am on Wednesday 18th of February, 2026 AEDT Consumer Discretionary
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Why Did Step One Clothing Plunge to an $8.5M Half-Year Loss?

8:34am on Wednesday 18th of February, 2026 AEDT
Key Points
  • Half-year loss of $8.468 million versus prior profit
  • Revenue down 24.5% to $36.33 million
  • EBITDA swung to a $9.96 million loss
  • Inventory obsolescence provision increased to $11.75 million
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