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Coles reports steady revenue growth in supermarkets and liquor
Coles says its third-quarter revenue was up 3.7 per cent, from $9.065 billion to $9.4 billion this year, citing volume growth and its value offering resonating with value-conscious consumers.
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Financial Archives
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“Pat McGrath's challenge lies in democratizing artistic, transformative makeup for a broader audience."
Late flu season has impacted Reckitt sales, but lower costs helped results
The firm expects low-single digit sales growth in North America in the first quarter of the year, however, as US pharmac...
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Retail leaders from T2, Adore Beauty, and Coco Republic share strategies to drive sales without heavy discounting.
Coles revenue up amid positive supermarket, liquor sales growth
Its supermarket revenue rose 4.3 per cent to $20.63 billion.
Seven & I deal off as founding family fall short on funds
Itochu withdraws leaving buyback plan impossible. Now the owners are looking again at Alimentation Couche-Tard bid.
Comvita continues to restructure as net loss widens in first half
The company's revenue fell 5.3 per cent to $99.7 million.
Lark Distilling Co’s net sales up 7 per cent
However, its revenue declined 5.5 per cent to $8.5 million.
The Reject Shop posts double-digit profit growth as sales improve
The company’s sales rose 2.9 per cent year-on-year to $471.7 million while comparable store sales were up 1.5 per cent.
Foodstuffs warns of looming price shocks from trade war
"It’s possible some imports could be impacted by tariffs elsewhere," said Chris Quin, Foodstuffs New Zealand MD.
Sydney Fish Market ‘on the brink of collapse’ – report
Sources said the company would post an $8 million loss in 2023-24 and had retained insolvency experts.
DBG owner Dennis Bastas buys $1 billion MCoBeauty brand
The brand plans to venture into Europe as its next market, the AFR reported.
Annual food prices up amid more expensive grocery food, restaurant meals
Prices for grocery food and restaurant meals and ready-to-eat food were up 2.7 per cent and 3.1 per cent, respectively.
Brewer Kaiju enters voluntary administration
The company said that the deferred excise payments had proven unsustainable.
7-Eleven parent’s profit plunges in third quarter
The results compared to an average profit estimate of $872 million from seven analysts polled by LSEG.
Costco reports Q1 sales growth, highlights membership and e-commerce strength
Costco Q1 sales rose 7.5 per cent to $60.1 billion, with e-commerce up 13 per cent and membership renewals solid at 90.4...
