DUSK GROUP LIMITED (DSK)
Share Price Analysis and Chart

24/08/2026

1

Buy

$1.20

55.84%

Canaccord Genuity maintains its Buy recommendation for Dusk Group with its target price increased to $1.20 from $1.15 following an FY26 financial result that surprised to the upside with a 13% net profit after tax beat relative to the broker's estimates, alongside a strong start to the first half of FY27 with gross profit up 8.7%.

Execution of the refreshed Signature range drove a double-digit lift in sell-through, while new AfterGlow concept stores demonstrated the ability to deliver 20%-plus uplifts compared to older formats.

Management is actively driving store-level productivity by closing underperforming stores, opening new locations in more appealing catchments, and refurbishing existing sites to meet AfterGlow criteria, with around ten slated for FY27.

The broker's estimates incorporate upward FY27 and FY28 net profit after tax revisions of 8% and 6% respectively, reflecting stronger like-for-like sales, store productivity, and profitability per store.

The analyst highlights that accelerating earnings growth and a planned market entry into South Africa during calendar year 2027 underpin the positive outlook.

FORECAST
Canaccord Genuity forecasts a full year FY27 dividend of 7.00 cents and EPS of 12.00 cents.
Canaccord Genuity forecasts a full year FY28 dividend of 8.00 cents and EPS of 14.00 cents.