Sweaty Betty reports 4.5 percent revenue growth while restructuring impacts profitability

Sweaty Betty reports 4.5% revenue growth to £146.72 million, while restructuring efforts impact profitability, leading to a net loss.

What happened

UK activewear brand Sweaty Betty has published its financial statements for the 53-week period ended January 3, 2026, reporting revenue growth alongside reduced operating profits following a year of structural transformation.

Why it matters

Turnover for the period rose 4.5 percent to 146.72 million pounds (194.40 million dollars), up from 140.42 million pounds in the previous 52-week period ended December 29, 2024. Sales in week 53 contributed 3.7 million pounds to total revenue. Gross profit increased 2.4 percent to 76.32 million pounds, compared to 74.54 million pounds in 2024, although gross profit margin contracted slightly to 52 percent from 53.1 percent.

Earnings before interest, tax, depreciation and amortisation (EBITDA) fell to 2.48 million pounds, compared to 10.48 million pounds recorded in the prior financial year. The company reported a statutory loss before taxation of 5.25 million pounds, compared to a profit of 1.57 million pounds in 2024. After accounting for a tax credit of 2.74 million pounds, the net loss for the financial period stood at 2.51 million pounds, down from a net profit of 573,586 pounds in 2024.

According to directors, the decline in earnings reflects an increase in administrative expenses and operational costs linked to restructuring business functions across the company, rather than underlying performance.

This news brief is based on reporting published by FashionUnited on 2026-10-07. The original report is linked below.