Inside Retail
AUGUST 29, 2021
Net profit grew 168 per cent over the course of the year, with the beauty firm eking out a positive result of $845,000 – a slight win, but a big boost on last year’s loss of $1.2 The post Adore Beauty rights ship in FY21 with revenue, customer and profit growth appeared first on Inside Retail.
Inside Retail
AUGUST 11, 2023
per cent growth in net profit after tax for the year ended June 30 – a success it attributes to smart logistics management. million, while net profit after tax reached $101.1 Furniture retailer Nick Scali posted a 15.1 per cent increase in revenue and 26.1 The group reported FY23 revenue of $507.7 Gross margin improved 2.5
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Inside Retail
MAY 16, 2023
We expect to see the benefits of lower product and shipping costs begin to flow through in the first half of the next financial year and we will remain focussed on tightly controlling our cost base to preserve profitability.”
Inside Retail
JULY 19, 2021
per cent to $743 million and net profit reached $506 million – a 67.4 Outgoing JB Hi-Fi chief executive Richard Murray, who will jump ship to lead Premier Investments in August , put the group’s success down to its continued focus on the customer, as well as ongoing investments in its online business and supply chain.
Inside Retail
JUNE 19, 2023
To “right-size” the business’ cost base, other expense management initiatives have been implemented however the full benefit of these actions and lower product and shipping costs will not be seen until later this calendar year, it said. million and $4.2
Inside Retail
SEPTEMBER 15, 2021
billion – 20 per cent of which were made online – leading to a statutory net profit figure of $46.4 Myer’s profit is a strong improvement on the $172.4 Department store Myer has enjoyed the fruits of a rebounding retail environment in FY21, with total sales up 5.5 per cent to $2.65
Inside Retail
AUGUST 25, 2021
Best & Less’ first financial year as a public company exceeded its own expectations, with strong earnings and like-for-like sales growth driving a net profit result 191 per cent up on the prior year. million, leading net profit to hit $47 million for the year. The department store business saw total sales hit $663.2
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