Adairs Limited Sees Strong Start to FY25

Adairs Ltd. (AU:ADH) has released an update.

Adairs Limited has reported a 4.8% increase in group sales for the first 16 weeks of FY25, driven by a strong performance from Adairs, which saw sales jump 16.1% following the implementation of a new Warehouse Management System. Despite challenges faced by Focus on Furniture, Mocka showed a promising sales improvement, contributing to the group’s overall growth and an uplift in gross margin.

For further insights into AU:ADH stock, check out TipRanks’ Stock Analysis page.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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