Australia's Dusk Group rises on upbeat trading update, South Africa expansion

Dusk

16/10/2026 03:58

** Shares of home fragrance products retailer Dusk Group DSK.AX rise 6.6% to A$0.725, on track for their best day since August 20
** DSK hits highest level since Oct 6; snaps four consecutive sessions of losses
** Co says total sales for the first 15 weeks of FY27 increased by 5.7%, with like-for-like sales up 7.2%
** Sees FY27 first half gross margin to be above last year's number
** Adds co will begin international expansion, entering South Africa in second-half of FY27
** About 117,791 shares change hands, 4.3x the 30-day average of 27,168
** Stock down 5.8% YTD 

 (Reporting by Jasmeen Ara Shaikh in Bengaluru)
 ((Jasmeenaraislam.Shaikh@thomsonreuters.com;))