--- title: "Accent Group: Underlying EBIT of $105.3 million and strategic actions offset macro headwinds in FY26" type: "News" locale: "en" url: "https://longbridge.com/en/news/296544650.md" description: "FY26 saw sales rise to $1.64 billion and underlying EBIT reach $105.3 million, despite a statutory loss from a $48.6 million goodwill impairment. Strategic closures, cost savings, and brand growth initiatives position the business for FY27, with early signs of margin and sales improvement.Original document: Accent Group Ltd [AX1] Earnings Release — Aug. 21 2026DisclaimerThis is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source." datetime: "2026-08-20T23:11:25.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/296544650.md) - [en](https://longbridge.com/en/news/296544650.md) - [zh-HK](https://longbridge.com/zh-HK/news/296544650.md) generator: "portal-rs" --- # Accent Group: Underlying EBIT of $105.3 million and strategic actions offset macro headwinds in FY26 FY26 saw sales rise to $1.64 billion and underlying EBIT reach $105.3 million, despite a statutory loss from a $48.6 million goodwill impairment. Strategic closures, cost savings, and brand growth initiatives position the business for FY27, with early signs of margin and sales improvement. Original document: Accent Group Ltd \[AX1\] Earnings Release — Aug. 21 2026 **Disclaimer** This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source. ### Related Stocks - [AX1.AU](https://longbridge.com/en/quote/AX1.AU.md) ## Related News & Research - [Accent Group: Statutory net loss driven by goodwill impairment and business closures, despite resilient sales](https://longbridge.com/en/news/296544345.md) - [The AI doomsday debate intensifies](https://longbridge.com/en/news/298831736.md) - [How Earth Science Tech (ETST) Is Building a Self-Sustaining Business on Strategic Vertical Integration and Dual-Segment Targeting](https://longbridge.com/en/news/298621488.md) - [IBEX: Record revenue, strong AI-driven growth, and positive FY27 outlook with robust cash flow](https://longbridge.com/en/news/298639271.md) - [AGY: Returned to profit on impairment reversal and JV gains; raised $3M to fund lithium projects](https://longbridge.com/en/news/298707577.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**