Accent Group Ltd · ASX:AX1
Accent — Investor Presentation (August 2025)
21 slides from Accent's investor presentation, Aug 22, 2025
Slide 1: FY2025 Results
FY2025 Results Year ended 29 June 2025
Slide 2: Contents
Contents The Accent growth journey 2 Value creation and investor value proposition 3 Operational highlights 4 FY25 sales and profit 5 FY25 summary of financial performance 6 Operating Review 7 Dividends and trading update 13 Appendix 15 Accent Group FY2025 Results Presentation
Slide 3: The Accent growth journey
The Accent growth journey $1.6b sales inc. franchisees1 +58% Owned Sales ($millions) Demonstrated track $1,393 $1,435 $1,458 record of retail sales $968 $1,103 growth driven by store rollout and new banners FY21 FY22 FY23 FY24 FY25 638 Stores 762 Stores 821 Stores 895 Stores 892 Stores Expansion of
Slide 4: Value creation and investor value proposition
Value creation and investor value proposition Total Shareholder Return(1) comparison of Accent and the ASX200 Accent Group has a unique value and (30 June 2015 to 30 June 2025) investor proposition in the ANZ 350% market, characterised by: Total Shareholder Return since 30 June 2015: • Significant s
Slide 5: Operational highlights
Operational highlights Total Sales (inc. Franchisees) Retail Owned Sales $1.62 billion1 $1.30 billion1 +0.8% on FY24 +2.5% on FY24 LFL Sales Vertical Sales Store Network c.$130 892 +0.7%2 stores across Australia & on FY24 million New Zealand with 54 new c.9% of total sales stores opened during FY25
Slide 6: FY25 sales and profit
FY25 sales and profit Key Metrics % $’000’s FY251 FY24 Change Group Sales (inc. Franchisees) 1,621,202 1,608,100 0.8% EBITDA 288,831 293,687 (1.7%) EBIT 110,2042 110,394 (0.2%) PBT 81,996 84,416 (2.9%) NPAT 57,660 59,530 (3.1%) Net debt (100,033) (122,202) Full Year Dividend 7.0 cents 13.00 cents 1.
Slide 7: FY25 summary of financial performance
FY25 summary of financial performance Financial Summary— FY25 Vs FY24 Operating Highlights % Profit & Loss ($000's) FY251 FY24 Change • Total company owned sales of $1.46 billion Sales • Like for Like (LFL) retail sales2 up 0.7% Owned sales 1,458,337 1,434,898 1.6% (H1:+2.9%, H2: -1.7%) Gross profit
Slide 8: Operating Review
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Slide 9: Retail, Wholesale & Vertical Owned Brands
Retail, Wholesale & Vertical Owned Brands Retail Store Network1 • Owned Retail sales of $1.3 billion, up 2.5% on FY24. • 54 new stores added to the Accent Group network in +54 FY25 with 39 closures from discontinued brands & 895 -18 892 Glue (The Trybe: 17, CAT: 8, Glue: 14) and 18 closures -39 821
Slide 10: Growth plan
Growth plan ➢ Sports Direct roll out on track. ➢ At least 50 Sports Direct stores planned to open over the next six years. ➢ At least 4 stores including online are expected to open in Sports Direct FY26. The first store will launch in Fountain Gate, Victoria in November 25. ➢ New online site to laun
Slide 11: Growth plan (continued)
Growth plan (continued) ➢ Nude Lucy is highly profitable and continues to resonate well with its loyal and growing customer base. Nude Lucy ➢ The brand now has 44 stores trading (including online) ➢ 7 stores were added in FY25 with further stores planned. ➢ Well positioned in the premium athleisure
Slide 12: Frasers Group Strategic Partnership
Frasers Group Strategic Partnership Sports Direct across the Globe Strategic Rationale Wider variety of sports, athleisure and sports 500+ fashion products at affordable prices compared 1. Strategic alliance with 2. Operation of market UK stores to competitors Frasers Group leading global brand Exis
Slide 13: The Athlete's Foot Update
The Athlete’s Foot Update Strong 5-Year Performance • Driven by margin expansion, successful franchise reacquisition 160 strategy & operational efficiencies 146 14 NZ Corporate 12 Stores Increased Margin +103 Physical Stores • Due to increased mix of distributed and vertical brands 115 101 AU Corpor
Slide 14: Dividends and trading update
Dividends and trading update
Slide 15: Dividends and trading update
Dividends and trading update • Final dividend of 1.5 cents per share fully franked to be paid on 25 September 2025 to registered Dividends shareholders as of 28 August 2025. • Total dividends (fully franked) for the year of 7.0 cents per share. • Total owned sales (ex. discontinued) for the first 7
Slide 16: Appendix
Appendix Accent Group
Slide 17: Store Network and Distribution Agreements
Store Network and Distribution Agreements Store Network 1. Includes websites (31) and franchises (45) 2. Discontinuation of CAT and The Trybe business Distribution Agreements Total Distribution Agreements: 12 Accent Group FY2025 Results Presentation 16
Slide 18: Gross margin and FX rate
Gross margin and FX rate Statutory Gross Margin % and FX Rate Overview 59% 0.80 58% 0.75 0.75 57% 0.74 0.75 56% Gross Margin % 0.71 55% 0.70 FX Hedge Rate 0.70 0.70 0.70 54% 0.67 53% 56.1% 56.1% 0.66 55.8% 55.8% 55.2% 54.8% 54.9% 0.65 52% 54.2% 52.7% 51% 50% 0.60 FY17 FY18 FY19 FY20 FY21 FY22 FY23 F
Slide 19: Balance sheet
Balance sheet Balance Sheet Commentary • Inventory increase from FY24 mainly attributed to 29 Jun 2025 29 Dec 2024 30 Jun 2024 Goods in Transit (+$14.0m), The Athlete’s Foot $000's reacquisition program (+$4.0m), the strategic FY25 FY25 FY24 partnership with Frasers Group (+$3.7m), with the Trade re
Slide 20: The Accent business model
The Accent business model Accent Group’s mission is to be the market leading, digitally integrated retail and distribution business, in the performance lifestyle market for footwear, apparel and accessories across Australia and New Zealand. The Accent Business model Scalable, flexible and defensible
Slide 21: Notice and disclaimer
Notice and disclaimer • This presentation has been prepared by Accent Group Limited ABN 85 108 096 251 (Accent Group or Company) and is general background information in relation to Accent Group and its activities current as at the date of this presentation. It is information given in summary form a