External broker reports(aggregated public sources), Wilsons Advisory

Wilsons Advisory

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External broker reports(aggregated public sources)

Equity Bottom-Up

Universal Store Holdings Ltd / Equity Bottom-Up

<ul><li>Strong FY22a result. EBIT at the top-end of guidance range ($30.0-$31.0m).</li><li>Trading for the first eight weeks of 1H23e is pleasing and LFL’s ahead of our forecasts.</li><li>Inventory and cash position well covered.</li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

Strong FY22a result. EBIT at the top-end of guidance range ($30.0-$31.0m).Trading for the first eight weeks of 1H23e is pleasing and LFL’s ahead of our forecasts.Inventory and cash position well covered.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Universal Store (UNI) - FY22 Result: First Impressions