Adore Beauty Has Two Key Growth Catalysts -- Market Talk
Dow Jones
Sep 18, 2025
0001 GMT - Australia's Adore Beauty has two key growth catalysts in the view of Bell Potter analyst Leo Armati. Initiating coverage of the beauty-product retailer with a hold rating, Armati tells clients in a note that store rollouts and expansion of its private-label offering could both help expand margins. He sees physical stores as important to customer acquisition and increasing average order value. This includes standalone stores under the recently acquired iKOU brand, he adds. Bell Potter places a A$1.25 target price on the stock which is up 0.4% at A$1.21. (stuart.condie@wsj.com)
(END) Dow Jones Newswires
September 17, 2025 20:01 ET (00:01 GMT)
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