Accent Group Ltd
AX1: XASX (AUS)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|M&J@rL& | LOCK|^#@ | LOCK|C!>CKv< |
Accent: Soft Conditions and Heavy Discounting Drive Guidance Downgrade
In the first 20 weeks of fiscal 2026, Accent's like-for-like sales are down 0.4% on last year. Gross margins fell 160 basis points on heavy discounting. Management now expects fiscal 2026 EBIT of AUD 85 million-AUD 95 million. Shares fell 13%.
