Universal Store Holdings Ltd. · ASX:UNI
Universal Store — Shareholder Meeting (November 2023)
19 slides from Universal Store's shareholder meeting presentation, Nov 20, 2023
Slide 1: 2023 AGM Chair Address and Chair and MD & CEO's Presentation
Brisbane, 20 November 2023 ASX Market Announcements Exchange Centre 20 Bridge Street Sydney NSW 2000 Dear Sir / Madam, UNIVERSAL STORE HOLDINGS LIMITED (ASX:UNI) 2023 AGM CHAIR ADDRESS AND CHAIR AND MD & CEO’S PRESENTATION Please find attached a copy of the following documents which will be delivere
Slide 2: Chair's Address 2023 AGM
Universal Store Holdings Limited | Chair’s Address 2023 AGM Brisbane, 20 November 2023 Universal Store Holdings is Australia’s premier owner and operator of youth and young adult fashion retail brands. The 2023 Financial Year saw the Company evolve from single business operator to owning and operati
Slide 3: Chair's Address (continued): strategy and sustainability
• Productivity of our operations and technology. The Company’s unique team culture, commitment to its retail formula and focus on execution underpin the successful implementation of our strategy. The performance of the standalone Perfect Stranger stores has been pleasing and we are continuing to ref
Slide 4: Annual General Meeting November 2023
2023 ANNUAL GENERAL MEETING 20 NOVEMBER 2023 UNIVERSAL STORE HOLDINGS LIMITED ACN 169 039 721 Universal Store Holdings Ltd ABN 94 628 836 484
Slide 5: Chairs Address
2023 AGM PRESENTATION CHAIRS ADDRESS 1 2
Slide 6: Group Overview
2023 AGM PRESENTATION GROUP OVERVIEW Australia’s premier A grower of businesses, Customer focused, Focused on results, owner and operator of with excellence in detail oriented, risk management, youth and young adult culture, retail execution nimble, multi-channel and fostering fashion retail brands
Slide 7: UNI Group FY23 Group Highlights
2023 AGM PRESENTATION UNI GROUP FY23 GROUP HIGHLIGHTS UNI DELIVERED ROBUST SALES GROWTH AND MANAGED COSTS AND INVENTORY FOR A MORE SUBDUED CONSUMER ENVIRONMENT WHICH EMERGED IN H2 Record sales from the Group 1 4 Perfect Stranger as a retail and all business units. Margins format has expanded to 8 ma
Slide 8: FY23 Financial Results
2023 AGM PRESENTATION FY23 FINANCIAL RESULTS UNI GROUP CONTINUES TO DELIVER SOLID RESULTS • Group sales $263.1m up 26.5% versus pcp, cycling store closure periods during H1 FY22¹ • 8 new stores opened during FY23; 5 Perfect Stranger & 3 Universal Stores – combined with 10 acquired THRILLS stores, br
Slide 9: Strategy
2023 AGM PRESENTATION STRATEGY INCREASED PENETRATION OF THE AUSTRALIAN YOUTH FASHION APPAREL SEGMENT CONTINUES TO BE OUR FOCUS Continued confidence in potential of Universal Store to generate significant growth via: • Expansion of physical store network; • Maturation of existing stores; • Developing
Slide 10: Environmental, Social and Governance
2023 AGM PRESENTATION ENVIRONMENTAL, SOCIAL AND GOVERNANCE UNIVERSAL STORE REMAINS COMMITTED TO DEVELOPING A SUSTAINABLE FUTURE . Our focus over the last year has been to progress our key sustainability and environmental targets. We are focusing on four areas: • Product Excellence: to tread lightly
Slide 11: Remuneration
2023 AGM PRESENTATION REMUNERATION REMUNERATION DESIGNED TO REWARD SUCCESSFUL IMPLEMENTATION OF STRATEGY AND DELIVERY OF SUSTAINABLE PERFORMANCE ALIGNED WITH COMPANY VALUES • Many Board and senior leaders hold significant shareholdings in the Company • 60% STI was paid in relation to FY23 performanc
Slide 12: CEO Update
2023 AGM PRESENTATION UNIVERSAL STORE HOLDINGS LIMITED ACN 169 039 721 Insert new image CEO UPDATE 2
Slide 13: UNI Group Continues to Deliver Solid Results
2023 AGM RESULTS PRESENTATION UNI GROUP CONTINUES TO DELIVER SOLID RESULTS PHYSICAL STORES (#) LFL SALES GROWTH (%)2 10 28.5 Total sales $263.1m 4Yr average LFL +9.4% 3 8 (+26.5% versus pcp), cycling store closure periods during H1 FY22¹ 11.0 75 77 Group LFL sales +1.2% 2 year on year 65 67 (+27.2%
Slide 14: Priority Update
2023 AGM PRESENTATION NEW STORE ROLLOUT DIGITAL GROWTH PRIORITY UPDATE ▪ Group: Eight new stores opened in FY23, ten acquired THRILLS stores. Group total 100 by 31st December 2023 ▪ Online represented 14.1% of total sales in FY23 (up from 8.8% in FY20) ▪ Continued to scale digital and eCommerce capa
Slide 15: Universal Store Sustainability Targets
2023 AGM PRESENTATION UNIVERSAL STORE SUSTAINABILITY TARGETS THE GROUP IS COMMITTED TO RESPONSIBLE PRACTICES AND PLAYING OUR PART IN ACCELERATING THE TRANSFORMATION OF OUR INDUSTRY TOWARDS A SUSTAINABLE FUTURE. WE HAVE REFINED OUR APPROACH TO SUSTAINABILITY FOCUSING ON FOUR STRATEGIC PILLARS: TREAD
Slide 16: FY24 YTD Trading Update
2023 AGM PRESENTATION FY24 YTD TRADING UPDATE WHILE FY24 YTD GROUP LFL SALES HAVE BEEN NEGATIVE, THERE ARE SIGNS OF AN IMPROVING TREND AS THE FY24 YTD PERIOD HAS PROGRESSED GROUP FINANCIAL PERFORMANCE (YTD OCT FY24): • Sales of $88.4 million, up $11.3 million (+14.7%) versus prior corresponding peri
Slide 17: FY24 Outlook
2023 AGM PRESENTATION FY24 OUTLOOK THE GROUP REMAINS CONFIDENT IN ITS LONG-TERM STRATEGY • The Group continues to see changes in customer spending habits, specifically a decline in spending in regional areas of eastern Australia, contrasting with more robust performance in metropolitan & CBD locatio
Slide 18: Disclaimer
2023 AGM PRESENTATION DISCLAIMER The material contained in this This presentation may contain forward- To the extent permitted by law, presentation has been prepared by looking statements with respect to the no responsibility for any loss arising Universal Store Holdings Limited ABN 94 operations an
Slide 19: Universal Spirit
2023 AGM PRESENTATION UNIVERSAL SPIRIT The unique ability to create memorable and positive experiences for all. Creating an experience that is fun, open and based on kindness. The environment that enables a person to be their best. 16
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