For the fiscal year 2026, Snitch, an apparel and lifestyle business, hopes to generate US $ 115.64 million in sales. The company intends to open 75 additional stores in the 2026 fiscal year, following the opening of 50 exclusive brand outlets in the current fiscal year, with the brand planning to go public in the next 3 years. By FY ’28, it intends to open 300 stores.
The brand is hoping to surpass US $ 57.82 million in net revenue and be 10 times more profitable than it was in the previous fiscal year, having ended the previous fiscal year at US $ 28.91 million with a net profit of US $ 463,000.
Snitch’s founder, Siddharth Dungarwal, said that the company aims to exceed US $ 115.64 million in net revenue by FY ’26. He also expressed the goal of achieving US $ 500 million in revenue over the next five years.
Dungarwal mentioned that all of their stores are profitable, and the plan is to generate cash from the existing 50 stores to fund the upcoming ones. He also stated that the company plans to invest between US $ 2.31 million and US $ 2.9 million to open 75 new outlets.
