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Step One’s net profit surges 43.9 per cent

Inside Retail

Step One Clothing ‘s net profit surged in the last fiscal year, thanks to higher revenue across all its geographies and channels. The underwear retailer’s net profit soared 43.9 Its women’s line now accounts for 14 per cent of its revenue, up from 12 per cent in the prior year. per cent to $12.4

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Myer expects lower sales, net profit amid challenging trading conditions

Inside Retail

Department store chain Myer expects fiscal first-half sales and net profit to decline year over year amid a challenging trading environment. Online sales account for 21.3 “Like many retailers, we have had to contend with inflationary pressures and greater promotional cadence, which has an impact on profits.”

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Inside Pop Mart’s playbook for current and future success

Inside Retail

Meanwhile, net profit soared to RMB3.4 per cent, year on year, and accounted for 38.9 billion and accounting for 21.7 Immersive offline stores will remain essential, offering vibrant designs, themed displays, and social spaces to engage young consumers. This marks an impressive 106.9 per cent year-on-year increase.

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JB Hi-Fi posts lower sales, citing challenging trading environment

Inside Retail

The company’s net profit after tax was $264.3 million and accounted for 15 per cent of total sales. “Our Further reading: Consumer class action launched against JB Hi-Fi over ‘junk’ warranties The post JB Hi-Fi posts lower sales, citing challenging trading environment appeared first on Inside Retail Australia.

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For Thai retailers CP Axtra and Big C, new stores and fresh food drive growth

Inside Retail

Note that although Makro is billed as a wholesaler, its customer base includes an enthusiastic consumer segment that prefers the Makro bulk-buy experience and uses it as an alternative go-to for products it cannot get at a regular supermarket. per cent, and net profit was 1.3 Big C has delivered net profit of 4.0

Wholesale 130
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Nick Scali forecasts bumper year ahead as third quarter delivers

Inside Retail

Due to this ongoing positive momentum, Nick Scali is forecasting its full-year EBITDA to hit $120 million and resulting net profit to fall in the range of $78 to $80 million – a 90 per cent increase on the year prior. The post Nick Scali forecasts bumper year ahead as third quarter delivers appeared first on Inside Retail.

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Super Retail Group delivers record sales, eyes expansion

Inside Retail

billion although tax-paid net profit fell 20 per cent to $244.1 Online sales grew 44 per cent to $601 million with click-and-collect accounting for 55 per cent of online sales — surging 73 per cent to $332 million. For the year to July 2, the business says sales grew 2.8 per cent to $3.55 million. “The