Shaver Shop Group Limited Reports Sales Results for Second Quarter and First Half Ended December 31, 2016
January 19, 2017 at 10:10 pm
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Shaver Shop Group Limited reported sales results for second quarter and first half ended December 31, 2016. For the quarter, the company reported total corporate store retail sales were $27.8 million compared to recent guidance of $26.0 million to $28.0 million.
For the first half the company reported sales were $78.5 million compared to $62.2 million in the prior corresponding period. Like for like sales growth over the first half was negative 0.5% impacted significantly by lower sales.
Shaver Shop Group Limited is an Australia-based company. The Company is engaged in retailing of specialist personal care and grooming products both through its corporate-owned stores as well as online through its Websites and the online marketplaces. The Company offers its products under various categories, such as electric shavers, including electric shavers and replacement parts; beard trimmers, including beard trimmers, grooming kits, nose and ear trimmers, and beard care; hair clippers; body groomers, including body groomers and long-term hair removal, and manual shavers, including men's blades, men's razors, shave brushes, shave sets and accessories, and cutthroat razors. It also offers oral care, such as electric toothbrushes, oral irrigation and toothbrush refills; ladies hair removal, including epilators and ladies' blades; hairstyling; massage, and skincare, and haircare products. The Company operates about 122 stores located across Australia and New Zealand.