Shaver Shop reports profit growth despite flat sales

Shaver Shop Group Limited reported flat sales of A$219m in fiscal year 2025, but gross profit grew 2.1% to A$99.5m and EBIT increased 2.4% to A$22.5m. This growth was largely attributed to the successful launch of the Transform-U™ private brand, which contributed 3.4% of total sales, and the continued growth of the Skull Shaver brand as an exclusive offering. Dividends declared for fiscal year 2025 totaled 10.3 cents per share, up 1.0% from the prior year.

The company's strategic focus includes expanding its private label, optimizing its store network with three new openings and several refits planned for fiscal year 2026, and securing exclusive sales and distribution rights. This is supported by a strong balance sheet with net cash of A$3.9m. Governance updates include shareholder approval sought for the executive long term incentive plan and the re-election of Mr. Brodie Arnhold as a director at the upcoming annual general meeting on November 13, 2025.

In terms of sustainability, Shaver Shop is committed to ethical practices, diversity, and minimizing its environmental impact, with a focus on waste reduction and power consumption. The company will begin sustainability reporting in fiscal year 2027.