Universal Store Holdings Ltd. · ASX:UNI
Universal Store — Shareholder Meeting (November 2022)
22 slides from Universal Store's shareholder meeting presentation, Nov 24, 2022
Slide 1: 2022 AGM Chair Address and Chair and MD & CEO's Presentation
Brisbane, 24 November 2022 ASX Market Announcements Exchange Centre 20 Bridge Street Sydney NSW 2000 Dear Sir / Madam, UNIVERSAL STORE HOLDINGS LIMITED (ASX:UNI) 2022 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 2022 AGM
Universal Store Holdings Limited | Chair’s Address 2022 AGM The results delivered by the Company in the 2022 financial year were very solid in the context of the continued disruption that the retail industry and particularly apparel retailers have faced as a result of the COVID-19 pandemic. Mandated
Slide 3: Strategy
We continue to have strong confidence in the potential of Universal Store to generate significant growth and our strategy focuses on six areas: • Expansion of the physical store network; • Maturation of existing stores; • Developing the online experience and integration with physical stores; • Focus
Slide 4: Remuneration Report and Explanatory Notes
the Remuneration report and in the Explanatory Notes for this meeting. This new plan is submitted for approval by Shareholders in this meeting. Board of Directors There have been two changes to the Board of Directors during the year. I would firstly like to acknowledge the contribution of Srdjan Dan
Slide 5: Annual General Meeting
UNIVERSAL STORE HOLDINGS LIMITED ACN 169 039 721 2022 ANNUAL GENERAL MEETING 24th NOVEMBER 2022
Slide 6: Chair's Address
UNIVERSAL STORE HOLDINGS LIMITED ACN 169 039 721 CHAIR’S ADDRESS 1
Slide 7: FY22 Financial Results
2022 AGM PRESENTATION FY22 FINANCIAL RESULTS SOLID PERFORMANCE DESPITE MANDATED STORE CLOSURES, WITH TOTAL SALES DOWN 1.4% ON FY21 AND UP 34.3% ON FY20 • Group revenue decreased by 1.4% to $208.0 million • 11 new stores (net) opened in FY22, bringing the total number of stores to 78 (excluding onlin
Slide 8: Strategy
2022 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 9: Environmental, Social and Governance
2022 AGM PRESENTATION ENVIRONMENTAL, SOCIAL AND GOVERNANCE UNIVERSAL STORE IS COMMITTED TO DEVELOPING A SUSTAINABLE FUTURE . Our focus over the last year has been to develop and implement our key sustainability and environmental targets. We are focusing on three areas: • Product Excellence: to tread
Slide 10: Remuneration
2022 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 • The CEO and CFO did not receive a salary increa
Slide 11: Board of Directors
2022 AGM PRESENTATION BOARD OF DIRECTORS THE BOARD OF DIRECTORS HAS A STRONG MIX OF THE NECESSARY AND RELEVANT SKILLS AND EXPERIENCE TO APPROPRIATELY GOVERN THE COMPANY AND SUPPORT THE SENIOR LEADERSHIP • Board of Directors as at 24 November 2022 Mr Trent Peterson (Independent) (appointed September
Slide 12: CEO Update
2022 AGM PRESENTATION UNIVERSAL STORE HOLDINGS LIMITED ACN 169 039 721 Insert new image CEO UPDATE 2
Slide 13: FY22 Year in Review
2022 AGM PRESENTATION FY22 YEAR IN REVIEW FY22 PROVIDED ONGOING CHALLENGES ALTHOUGH WE ARE EXTREMELY PROUD OF HOW OUR TEAM RESPONDED Store Closures by Region * • During H1 FY22, mandated store closures and mobility • Continued to build thriving youth fashion brands and retail restrictions impacted o
Slide 14: Momentum Continues Despite COVID-19 Disruptions
2022 AGM PRESENTATION MOMENTUM CONTINUES DESPITE COVID-19 DISRUPTIONS Solid results despite the ongoing 8Yr average LFL 13% COVID-19 challenges including 2 mandated lockdowns and Physical Stores (#) LFL Sales Growth (%) 28.5 restrictions 78 65 67 60 52 16 14 Total sales $208.0m down 1.4% 11 with H1
Slide 15: Priority Update
2022 AGM PRESENTATION PRIORITY UPDATE WE CONTINUE TO EXECUTE ON OUR STRATEGIC PRIORITIES WHILST MITIGATING RISKS ASSOCIATED WITH THE TURBULENT TRADING ENVIRONMENT NEW STORE ROLLOUT OPTIMISE PRODUCT MIX CUSTOMER • 16 new stores opened since IPO • FY22 product gross margin (excl. delivery • Our averag
Slide 16: THRILLS Acquisition: A Complimentary Strategic Fit
2022 AGM PRESENTATION THRILLS ACQUISITION: A COMPLIMENTARY STRATEGIC FIT THRILLS IS A WELL-DEVELOPED BRAND IN THE CASUAL YOUTH FASHION SEGMENT WITH A TRACK RECORD OF GROWTH AND EXCITING PROSPECTS FOR EXPANSION HIGHLY COMPLIMENTARY, ATTRACTIVE ACQUISITION • Cheap THRILLS Cycles Pty Limited (CTC), tra
Slide 17: Perfect Stranger Update
2022 AGM PRESENTATION PREFECT STRANGER UPDATE Historical Context Insights and Focus • Perfect Stranger (PS) was created in 2014 as a versatile, trend- • More feminine store environment setting label to fill gaps in our range that were not catered for by • Warm and service orientated team with solid
Slide 18: UNI Group Overview
2022 AGM PRESENTATION UNI GROUP OVERVIEW • Australia’s premier owner and operator of youth and young adult fashion retail brands • A grower of businesses, with excellence in culture, retail execution and brand management Universal Store Holdings Limited • Customer focused, detail oriented, nimble, m
Slide 19: FY23 YTD Trading Update
2022 AGM PRESENTATION FY23 YTD TRADING UPDATE SOLID TRADING FOR THE FIRST 21 WEEKS AS WE HAVE SEEN OUR CUSTOMERS EMBRACE THE RE-EMERGENCE OF FESTIVALS AND LARGE GATHERINGS. WE HAVE NOW LARGELY COMPLETED CYCLING THE SIGNIFICANT BUSINESS DISRUPTION ARISING FROM GOVERNMENT MANDATED STORE CLOSURES IN H1
Slide 20: FY23 Outlook
2022 AGM PRESENTATION FY23 OUTLOOK WE CONTINUE TO INVEST IN OUR PEOPLE, ONLINE INITIATIVES ALONG WITH DRIVING PRODUCT OPTIMISATIONS AND EXPANDING OUR STORE NETWORK Outlook ▪ We continue to pursue new sites for Universal Store with two stores to open pre- Christmas in addition to a further 4-5 new st
Slide 21: Disclaimer
2022 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 22: Universal Spirit
2022 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. 31
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