Hallenstein Glasson Reported Annual Group Sales
The retail group announced total annual sales of $563 million and a net profit of $59.1 million.
Updated on Sept. 28, 2026 in Retail
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Hallenstein Glasson reported annual group sales of $563 million and a total net profit of $59.1 million for the fiscal year. Digital sales accounted for 19% of the company's total revenue.
Why it matters
The company's financial results highlight the significant contribution of its Australian operations, while also reflecting broader challenges such as a 2% decline in New Zealand apparel sales during August 2026.
Hallenstein Glasson achieved a total net profit of $59.1 million on group sales of $563 million. Glassons Australia saw sales reach $324.4 million with a 29% growth rate, supported by a 41-store footprint.
The players
Hallenstein Glasson
This is a retail group that operates apparel stores across Australia and New Zealand.
Glassons
This is a retail brand under the Hallenstein Glasson group that focuses on apparel sales.
Hallensteins
This is a retail brand operated by the group with a focus on improving its profitability.
The details
The group completed a purpose-built, automated warehouse in Sydney to support its expansion efforts. Throughout the year, the business focused on refurbishing existing stores and improving the profitability of the Hallensteins brand.
Timeline
August 2026 saw the reopening of the Hamilton Central store.
September 2026 marked the reopening of the New Plymouth location.
The new Sydney warehouse commenced operations at the start of FY 2027.
The final dividend of 40c per share is payable on December 9, 2026.
Two additional stores in Australia are expected to open by the end of 2026.
Market Landscape
The firm's expansion into Australia reflects a broader shift to capitalize on higher regional growth compared to domestic markets. The story's performance in the Australian market follows a pattern set by the Stats NZ apparel sales data, illustrating regional retail divergences.
Investors can expect the final dividend payment to be processed on December 9, 2026. Customers may see changes in store accessibility as the company continues to open and refurbish locations across its primary markets.
The takeaway
The company's focus on automation and store refurbishment is a strategic response to changing consumer shopping habits. Balancing digital sales growth with physical store expansion remains a key priority for maintaining retail profitability.
What happens next
The company is scheduled to pay a final dividend of 40c per share on December 9, 2026. Additionally, two new stores are planned to open in Australia by the end of the 2026 calendar year.
Further reading
For more on industry performance trends, visit our Retail section.
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