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Accent Group Provides FY21 Half Year Results Announcement

23 Feb 2021  |  17:48:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: FY21 Half Year Results Announcement

Accent Group reported NPAT of $52.8m for the half year ended 27 December 2020, up 57.3% on last year and reflects the 7th consecutive half year of record profit. The Company reported total digital sales of $108.1m were up 110% on the prior year and represented 22.3% of retail sales. Sales through Virtual sales channels and customer experience team continue to grow. The Group opened 50 new stores during the half and closed 5 stores where required rent outcomes could not be achieved, bringing the total store number to 565 stores at the end of the half. The Directors have announced a record ordinary interim dividend of 8.00cps fully franked, to be paid on 18 March 2021 to registered shareholders as at 11 March 2021.

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