Australia's Dusk Group hits record low on lacklustre FY23 outlook

Dusk

19/05/2023 02:27

** Shares of Dusk Group Ltd  DSK.AX  slide as much as 13.5%
to a record low of A$1.31 
    ** Fragrance products retailer sees FY23 sales in the range
of A$135.0 mln ($91.57 mln)-A$137.0 mln vs A$138.4 mln reported
in FY22
    ** Sees gross margin rate for FY23 broadly in line with
prior year
    ** Nearly 469,600 shares change hands, four times the 30-day
average volume 
    ** Stock down 13.9% this year, as of last close

($1 = 1.4743 Australian dollars)

 (Reporting by Poonam Behura in Bengaluru)
 ((Poonam.Behura@thomsonreuters.com;))