Shaver Shop Group Limited Reports Sales Results for the Second Half and First Half of 2021
January 10, 2021 at 04:48 pm EST
Share
Shaver Shop Group Limited reported sales results for the second half and first half of 2021. the company reported trading performance continued through the month of December leading to Second Quarter FY21 sales increasing 12.4% in total and 13.7% on a like for like basis. Online sales growth of 64.7% in Second Quarter was the primary driver of total and like for like sales growth.
For the first half 2021, the company reported Outstanding online sales growth of 102.0% across the first half of FY21 was the key driver in delivering like for like sales growth of 17.3% and total sales growth of 15.2%. Online sales represented approximately 30.3% of total sales in the first half.
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.