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STP — Step One Clothing News Story

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au flag iconLast trade - 00:00
Consumer CyclicalsAdventurousMicro CapNeutral

Australia's Step One Clothing slips on flagging FY25 profit below estimates

** Step One Clothing STP.AX slips as much as 10.5% to A$0.68, lowest since July 1

** Online retailer estimates FY25 net profit ~A$12.6 mln ($8.3 mln), lower than analysts' estimate of A$13.78 mln, per data compiled by LSEG

** About 408,000 shares traded vs 30-day avg of ~336,000

** STP last down 7.9%, takes YTD losses to 45.2%

($1 = A$1.5133)

 (Reporting by Anjali Singh in Bengaluru)

 ((anjali.singh2@thomsonreuters.com;))

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