Adairs Cuts Fiscal H1 Group Sales Guidance; Shares Up 7%

MT Newswires Live

2025/10/22

Adairs (ASX:ADH) said it now expects fiscal first-half group sales of AU$319.5 million to AU$331.5 million, down from its previous guidance of AU$324.5 million to AU$336.5 million and up from the actual result of AU$310.5 million a year earlier, according to a Wednesday Australian bourse filing.

The company said sales growth eased due to reduced promotional activity, while Focus on Furniture sales slowed despite continued promotions, resulting in lower-than-expected margins.

The company said it remains "cautiously optimistic" about the trading outlook for the rest of the half.

The company's shares rose past 7% in recent Wednesday trade.

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