Shaver Shop Group Limited · ASX:SSG
Shaver Shop — H1 FY2026 Earnings Presentation
26 slides from Shaver Shop's earnings presentation, Feb 26, 2026
Slide 1: H1 FY2026 Results Presentation
H1 FY2026 RESULTS PRESENTATION
Slide 2: Contents
CONTENTS Contents 02 Strategic overview 03 H1 FY26 highlights 07 Detailed financial results 14 Trading update 19 Appendices 21 Investor Presentation H1 FY26 2
Slide 3: Strategic Overview
! 01 STRATEGIC OVERVIEW \ a SHoP
Slide 4: Shaver Shop is a leading specialty retailer with a unique personal care business model
SHAVER SHOP IS A LEADING SPECIALTY RETAILER WITH A UNIQUE PERSONAL CARE BUSINESS MODEL IN ANZ Founded in 1986 Market leader in Trusted and respected growth sector specialty retail brand with high DIY grooming, personal care, hair AU brand awareness of c.87% - and beauty appliances for men highly dif
Slide 5: Strong business fundamentals with growth initiatives delivering to plan
STRONG BUSINESS FUNDAMENTALS WITH GROWTH INITIATIVES DELIVERING TO PLAN Store Network 3 Key Growth Strategies Optimisation Range Expansion (category creep into adjacencies, product innovation, private brand expansion) Strategic Category Management (Exclusives, leadership in range breadth and depth,
Slide 6: H1 FY26 Key Priorities Scorecard
H1 FY26 KEY PRIORITIES SCORECARD 1 Accelerate Transform-UTM momentum with range expansion and brand building 2 Secure additional exclusive distribution brands 3 Continue category creep with new brands and categories 4 Further improve social media presence and engagement 5 Continue store network opti
Slide 7: H1 FY26 Highlights
02 H1 FY26 HIGHLIGHTS
Slide 8: H1 FY26 Key Highlights
H1 FY26 KEY HIGHLIGHTS Sales Online Sales $ 129m (up 2.2% vs H1 FY25) 24.6% of total sales Gross Profit Margins Net profit after tax 46.5 % (up 100bs vs H1 FY25) $ 12.2 m (up 1.5% vs H1 FY25) Operating cash flow Net cash $ 36.9 m (up $8.9 million) $ 25.1m (at 31 Dec 25) Shaver Shop delivered record
Slide 9: Delivered consistent growth: both quarters, both channels
DELIVERED CONSISTENT GROWTH: BOTH QUARTERS, BOTH CHANNELS AND CONTINUED TO GROW TRANSFORM-U SHARE • Solid first half sales performance – Total sales up 2.2% to $128.6m 5 Year Sales Trend ($m) – In-store sales up 0.5% – Online sales up 7.4% – Like for like sales up 0.9% • Delivered 2 quarters of sale
Slide 10: H1 FY26 Sales Contribution by Category
H1 FY26 SALES CONTRIBUTION BY CATEGORY FOCUS ON EXCLUSIVE PRODUCTS AND RANGE EXPANSION • Exclusive and private brand products remain a key driver of sales – 21 of top 30 products (by sales) were Temporary Massage exclusive to Shaver Shop in H1 FY26 Other Electric FHR 0% 2% • Relatively steady sales
Slide 11: Record gross profit contribution and gross margin % in H1 FY26
RECORD GROSS PROFIT CONTRIBUTION AND GROSS MARGIN % IN H1 FY26 • Gross profit up +4.6% (or $2.6m) to $59.8m • Gross margin up +100bps to 46.5% despite stronger relative sales growth in lower margin Record H1 Gross Profit Contribution Long-Term Hair Removal, Hair Styling and Power Oral Care categorie
Slide 12: Operational Metrics: In-store and Online
OPERATIONAL METRICS IN-STORE ONLINE Units per transaction Sales conversion* Total site visits Sales conversion 1.43 47.8% 5.9m 3.3% Transaction volumes up Avg Transaction Value down Transaction volumes Average Transaction Value up +3.4% -2.6% +6.1% +1.7% * In-store sales conversion is the percentage
Slide 13: Transform-UTM private brand momentum continuing
TRANSFORM-UTM PRIVATE BRAND MOMENTUM CONTINUING • Transform-UTM launched in late October 2024 – Driven by desire to close gaps in product range where SSG’s global supplier partners were unable to consistently provide desired product to meet Shaver Shop’s customer needs and price points – Global supp
Slide 14: Detailed Financial Results
03 DETAILED FINANCIAL RESULTS
Slide 15: Profit & Loss Statement
PROFIT & LOSS STATEMENT • Solid first half performance • Sales up 2.2% to $128.6 million (second highest level in SSG Reported Reported Variance Variance history) $A millions H1 FY26 H1 FY25 ($) (%) • Online and in-store channels grew in H1 FY26 Sales 128.6 125.8 2.8 2.2% – In-store sales up 0.5% vs
Slide 16: Balance Sheet
BALANCE SHEET • Balance sheet movements vs 30 June 25 reflect seasonality of (as at) Shaver Shop’s business model. Comparisons better made to 31 $A millions 31-Dec-25 30-Jun-25 31-Dec-24 Dec 24 (pcp). Cash 25.1 3.9 24.5 • Net cash of $25.1m with no debt at 31 Dec 25 ($30m available debt facilities)
Slide 17: Cash Flow Statement
CASH FLOW STATEMENT • Strong operating cash flow of $36.9m in H1 FY26 – up $8.9m – Normalised operating cash flow $32.0m (up $4.0m) after $A millions H1 FY26 H1 FY25 Variance adjusting for $4.9m deferred supplier payment to Jan ’26 • CAPEX of $1.2m reflects: NPAT 12.2 12.0 0.2 – New stores – Albany,
Slide 18: Dividends and Capital Management
DIVIDENDS AND CAPITAL MANAGEMENT • Fully franked interim dividend held steady at 4.8 cents per share (cps) Interim dividend (cps) – Record date – 5 March 26 – Payment date – 19 March 26 • Solid financial performance, sound financial position with strong cash flow generation enables Shaver Shop to ba
Slide 19: Trading Update
04 TRADING UPDATE
Slide 20: Trading Update
TRADING UPDATE • Total sales up 3.8% between 1 Jan 26 and 22 Feb 26 vs pcp (cycling 0.7% vs pcp) – LFL sales up 1.9% (cycling 1.1% vs pcp) Sales growth (%) from 1 Jan 26 to 22 Feb 26 FY26 vs pcp • Gross margins are flat with pcp given SSG is now Total sales 3.8% cycling period after Transform-UTM la
Slide 21: Appendices
SHOVER SHOP TRANS=ORM YOURSELF”
Slide 22: Investment Summary
INVESTMENT SUMMARY Segment leader both online and offline Large and growing market driven by changing consumer preferences and new product innovation Products range is applicable to almost all demographics Differentiated & resilient specialty retail business model – Service excellence and unparallel
Slide 23: Key Metrics
KEY METRICS H1 FY26 H1 FY25 Number of corporate stores (30 June) 126 125 Total sales ($A millions) 128.6 125.8 Total sales growth % 2.2% -0.2% Like for like (LFL) sales growth % 0.9% -1.4% Gross profit margin % 46.5% 45.5% Employee benefits expense as a % of sales 16.0% 15.5% Occupancy expenses as %
Slide 24: First Half Profit and Loss History
FIRST HALF PROFIT AND LOSS HISTORY H1 FY22 H1 FY23 H1 FY24 H1 FY25 H1 FY26 (A$ millions) Actual Actual Actual Actual Actual Sales 127.1 131.9 127.0 125.8 128.6 Cost of goods sold (71.4) (73.5) (70.6) (68.6) (68.8) Gross profit 55.7 58.5 56.4 57.2 59.8 Gross margin % 43.8% 44.3% 44.4% 45.5% 46.5% Fra
Slide 25: Store Network (at February 2026)
STORE NETWORK (AT FEBRUARY 2026) TOTAL Feb 2026: 126 stores Target: 130-135 stores Northern Territory 1 store Queensland 26 stores Western Australia 17 stores New South Wales 34 stores South Australia ACT 7 stores 4 stores Victoria 25 stores New Zealand 10 stores Tasmania 2 stores Investor Presentat
Slide 26: Important Notice and Disclaimer
IMPORTANT NOTICE AND DISCLAIMER This management presentation (“Presentation”) has been prepared by Shaver Shop Group Limited ACN 150 747 649 (“Shaver Shop”) and contains general background information about Shaver Shop, its subsidiaries and their activities which is current at the date of this Prese