Universal Revenue ($m) 118, up 23pc from year-earlier 95.7
Pretax profit ($m) 23.2 v 15.5
Net profit ($m)15.8 v 10.7
Interim dividend 5c, payable on May 4
Retailers Universal Store and Dusk will hand back almost $6 million in JobKeeper subsidies after reporting bumper first-half profits as consumers redirected expenditure on travel and eating out to fashion and homewares.
The pair join a growing list of companies that have handed back wage subsidies, including Domino’s, Nick Scali, Adairs, Toyota Australia, Healius, CIMIC and Cochlear.
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Sue Mitchell writes the fortnightly Window Shopping column for the Financial Review and has covered retailing for over 30 years. Connect with Sue on Twitter. Email Sue at smitchell2045@gmail.com
