White Fox Boutique has paid a $35.4 million dividend to its husband-and-wife owners, reflecting a strong financial performance for the year ended June 2025.
The women's fashion retailer, best known for its oversized hoodies that have gained significant popularity among tween girls globally, reported that its revenue surged to $542 million during the period.
The payout underscores the company's robust cash generation capabilities, even as it navigates a challenging trade environment.
The revenue growth was achieved despite rising US tariffs, which have posed headwinds for many apparel retailers reliant on cross-border supply chains.
The ability to maintain such strong sales figures suggests that demand for the brand's core products remains resilient among its target demographic.
The dividend distribution highlights the private ownership structure of the business, allowing the founders to directly benefit from the company's operational success.