Home fragrance retailer Dusk Group (ASX:DSK) expects its fiscal 2025 sales and underlying earnings to grow on the prior year amid an ongoing "product-led turnaround strategy," according to a Friday filing with the Australian bourse.
Total sales are expected to reach roughly AU$137 million to AU$139 million for fiscal 2025, compared with AU$126.7 million recorded in fiscal 2024.
Underlying earnings before interests and taxes are forecast to reach between AU$7 million and AU$8 million, up from AU$6.2 million in the year-earlier period.
However, gross profit margin is expected to be 50 to 100 basis points lower on the prior year.
Dusk Chief Executive Vlad Yakubson touted fiscal 2025 as an "important year" for the company amid its ongoing transformation, with "refreshed core product ranges" and "further category expansion" in the pipeline.
Dusk Group's shares tumbled 21% in recent Friday trade.
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