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UNI Universal Store Holdings News Story

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Australia's Universal Store sales cooling, but remain strong, says Macquarie

** Analysts at Macquarie say sales at Australia's Universal Store  UNI.AX remain strong but are moderating, as the retailer navigates tougher market competition

** Brokerage keeps "outperform" rating and A$10.20 PT

** Says the A$17 million  ($11.05 million) net cash on balance sheet allows offshore expansion options

** Sees penetration into private-label product, alongside ongoing store rollout supporting network sales growth

** Nine of 10 analysts rate the stock "buy" or higher and one "hold"; median PT is A$10.5 - data compiled by LSEG

** Shares up 4.9% YTD

($1 = 1.5389 Australian dollars)

(Reporting by Rishav Chatterjee in Bengaluru)

((Rishav.Chatterjee@thomsonreuters.com))

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