Universal Store Holdings (ASX: UNI) plans to open up to 13 new stores in H2FY24

Mon 17 Jun 24, 05:14 AM | Team Kalkine

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Highlights

Universal Store Holdings Limited (ASX: UNI) is a specialty retailer of casual youth fashion apparel with specialization in casual men's and women's fashion, shoes, accessories, lifestyle, and gifting. Principal business segments of UNI include Universal Store and CTC.

In the first half of the financial year 2024 (1HFY24), the company recorded an 8.5% YoY increase in sales to AUD 158 million. The reported period saw a rise in revenue on the back of continuous growth in the US market, acquisition of CTC, launch of the Perfect Stranger retail format and rise in the number of stores across three retail formats.

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