Sigma Healthcare posts double digit sales growth

Grafa
12:08

Full story: https://grafa.com/en/news/australia/sigma-healthcare-posts-double-digit-sales-growth

  • Sigma Healthcare reported double-digit sales growth across its Australian and international Chemist Warehouse store network.

  • Following the update, the Sigma Healthcare share price dropped 3.18% to $2.76.

  • The company plans to expand its network towards 1,000 global stores and leverage oral GLP-1 products to drive long-term sales.

Sigma Healthcare (ASX:SIG) delivered strong sales growth across its Chemist Warehouse store network in Australia and international markets.

Australian Chemist Warehouse stores recorded a 12.1% sales increase from July 1 to Oct. 16, while international sales jumped 30.2% in the three months to Sept. 30.

"Consistent with our FY26 results presentation, some discretionary categories such as ladies' fragrances, vitamins and supplements are experiencing softness as consumers adjust their buying behaviours in line with cost-of-living pressures," stated the company in its trading update.

The group highlighted strong performance in non-discretionary categories like healthcare, beauty, and GLP-1 weight-loss support items.

The company anticipates oral GLP-1 formulations entering the market in the second half of the 2027 financial year to further enhance accessibility for patients.

Following the announcement the Sigma Healthcare share price was down at $2.74.

The global Chemist Warehouse pharmacy network is currently approaching 1,000 stores across its operating regions.

In Australia, Chemist Warehouse branded stores currently represent less than 10% of the nation's more than 5,900 community pharmacy licences.

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