Adairs FY26 slides: two brands thrive as Focus turnaround begins
Adairs Limited (ASX: ADH) released its FY26 financial results on August 24, 2026, revealing a mixed performance across its three brands. Overall group sales rose 3.8% year-over-year, reaching $641.7 million, while underlying earnings remained steady despite challenges faced by the Focus on Furniture division. The company's core Adairs and Mocka brands drove most of the positive momentum, generating over 90% of group earnings and both posting double-digit profit growth.
However, Focus on Furniture encountered significant difficulties, resulting in a $63.5 million pre-tax impairment charge and a statutory loss of $39.4 million. Following the announcement, ADH shares increased by 2.12% to $1.445, though the stock remains below its 52-week high of $2.87.
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