Shaver Shop Group Ltd
ASX:SSG
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Shaver Shop Group Ltd
ASX:SSG
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AU |
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PTC Industries Ltd
NSE:PTCIL
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IN |
Shaver Shop Group Ltd
Shaver Shop Group Ltd. is an Australian retailer, which engages in selling of personal grooming products through their corporate and online stores and generate income from franchise stores. The company is headquartered in Melbourne, Victoria. The company went IPO on 2016-07-01. The firm offers its products under various categories, such as electric shavers, including electric shavers and replacement parts; beard trimmers, including beard trimmers, grooming kits, nose and ear trimmers, and beard care; hair clippers; body groomers, including body groomers and long term hair removal, and manual shavers, including men's blades, men's razors, shave brushes, shave sets and accessories, and cut throat razors. The company also offers oral care, such as electric toothbrushes, oral irrigation and toothbrush refills; ladies hair removal, including epilators and ladies’ blades; hairstyling, including curlers and stylers; massage, including back massage, circulation boosters, feet massage, handheld massage and neck massage, and wellbeing, including air purifiers, skincare and mirrors.
Shaver Shop Group Ltd. is an Australian retailer, which engages in selling of personal grooming products through their corporate and online stores and generate income from franchise stores. The company is headquartered in Melbourne, Victoria. The company went IPO on 2016-07-01. The firm offers its products under various categories, such as electric shavers, including electric shavers and replacement parts; beard trimmers, including beard trimmers, grooming kits, nose and ear trimmers, and beard care; hair clippers; body groomers, including body groomers and long term hair removal, and manual shavers, including men's blades, men's razors, shave brushes, shave sets and accessories, and cut throat razors. The company also offers oral care, such as electric toothbrushes, oral irrigation and toothbrush refills; ladies hair removal, including epilators and ladies’ blades; hairstyling, including curlers and stylers; massage, including back massage, circulation boosters, feet massage, handheld massage and neck massage, and wellbeing, including air purifiers, skincare and mirrors.
Revenue Growth: Shaver Shop's total sales for the first half of FY26 reached $128.6 million, up 2.2% year-on-year, driven by both in-store and online growth.
Gross Margin Record: Gross margin hit a record 46.5%, up 100 basis points, mainly due to the success of the Transform-U private brand.
Profitability: Net profit after tax rose 1.5% to $12.2 million, with strong operating cash flow of $36.9 million and net cash of $25.1 million at period end.
Online Acceleration: Online sales grew 7.6% and now make up 24.6% of total sales, attributed to improved social media presence and promotional execution.
Strong Start to H2: Second half sales are up 3.8% so far, with like-for-like sales up 1.9% through late February.
Exclusive Brand Strategy: 21 out of the top 30 selling products were exclusive to Shaver Shop, and management sees ongoing opportunity in exclusive brands like Transform-U and Mangroomer.
Dividend Maintained: Fully franked interim dividend of $0.048 per share was declared, consistent with last year, reflecting confidence in the business.
