ASX:AX1Specialty Retail
Accent Group (ASX:AX1) Valuation Explored After Trading Update Signals Softer Sales and Lower FY26 Earnings Forecast
Accent Group (ASX:AX1) shares dropped after the retailer announced a trading update that highlighted weaker like-for-like sales and gross margin pressure from heightened promotional activity. Earnings are now expected to fall in FY 2026.
See our latest analysis for Accent Group.
This latest trading update comes on top of a rough year for Accent Group shareholders, with the share price down 57.4% year-to-date and 53.1% lower over the past twelve months on a total shareholder return basis...