Retail Dive

SEPTEMBER 18, 2023

The footwear brand's updated F-1 filing showed a year-over-year decrease in net profit for the nine months ended June 30.

Net Profit 109

Net Profit 109

Inside Retail

OCTOBER 3, 2022

NZX-listed fashion retailer Hallenstein Glasson has reported a 23 per cent drop in net profit for the year ended August 1 to AUD39,83 million despite sales growth in the second half. per cent growth in sales with net profit increasing 16.4 per cent with net profit down 64.7 per cent to AUD547.05 million. .

Net Profit 130

Net Profit Fashion Shopping Accounting 130

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.” A further four new stores are due to open before the end of the calendar year.

Net Profit 242

Net Profit Apparel Shipping Consumer 242

Inside Retail

FEBRUARY 21, 2023

Domino’s Pizza Enterprises said its first-half net profit fell 21.5 The Australian franchise of Domino’s says its first-half profit attributable for the period ended Jan 1 was $71.7 per cent, as orders were impacted by the impact of inflation on consumer spending. million on global sales of $1.97

Consumer 246

Consumer Net Profit Marketing Management 246

Inside Retail

JANUARY 23, 2023

Comparisons of the latest trading half against a year earlier are of little relevance given the impact of enforced store closures during much of the first quarter.

Department Stores 246

Department Stores Net Profit Store Operations Planning 246

Inside Retail

SEPTEMBER 13, 2022

Despite some retailers reporting strong sales because of the growth in online sales, net profits declined. per cent in the 2022 fiscal year supported by record online sales, which increased by 44 per cent while net profit fell by 20 per cent. per cent decline in net profit after tax.

Net Profit 278

Net Profit Specialty Store Payment Services Fast Fashion 278

Inside Retail

AUGUST 22, 2023

million while net profit attributable to shareholders fell 74.4 Group revenue rose 3.4 per cent to $2.4 billion with total food sales up by a meagre 2.2 per cent, driven by higher menu prices. Earnings before income and taxes fell 23.3 per cent to $201.7 per cent to $40.6

Net Profit 130

Net Profit Returns 130

Inside Retail

MARCH 9, 2022

Department store Myer has recorded a strong performance in its half-year results, with net profit after tax hitting $32.3 million – an increase of 55 per cent. . Myer’s total group sales were up at 8.5 per cent to $1.51 billion, with comparable sales growth of 17.8 Group online sales grew 47.5 per cent to $424.1

Net Profit 244

Net Profit Department Stores Planning Accessories 244

Inside Retail

JULY 25, 2022

Post-tax net profit for the year is expected to be between $55 million and $60 million, an increase of 86 to 103 per cent over last year if the impact of JobKeeper subsidies is excluded from the prior year, when the results included Jobkeeper support of $22 million after tax. That represents year-on-year growth of between 32.5

Department Stores 246

Department Stores Net Profit Accounting ATS 246

Inside Retail

JUNE 19, 2023

For the second half of this year, the group expects total revenue to be in the range of $310 million and $315 million while pro forma net profit after tax is expected to be between $3.6 The post Best & Less like-for-like sales slump, profit outlook lowered appeared first on Inside Retail. million and $4.2

Net Profit 130

Net Profit Apparel Shipping Management 130

Inside Retail

AUGUST 31, 2023

The growth was partly assisted by the opening of eight net new stores since mid-2022, and five more are planned for the second half of this year. Net profit for the first half was up 6.6 Net profit was 1.6 billion baht (US$1.1 billion), an increase of 9.3 per cent over the first six months of 2022. billion baht.

Net Profit 130

Net Profit Fashion Accounting Finance 130

Retail TouchPoints

JUNE 26, 2023

million USD ) in net profits during the next two decades. Earlier in June, JD.com revealed long-term plans to establish three enterprises with more than RMB 1 trillion in revenue ( $1.4 billion USD ) and RMB 70 million ( $9.8

Supermarket 108

Supermarket Net Profit Planning Store Operations 108

Inside Retail

OCTOBER 31, 2021

Department store David Jones has clawed its way back into the black, according to a report in The Australian , after posting its first net profit since 2018. Accounts lodged with ASIC by David Jones’ holding firm Osiris Holdings tell of a healthy net profit of $83.4 million for the same period a year prior.

Net Profit 130

Net Profit Department Stores Returns Accounting 130

Inside Retail

AUGUST 24, 2022

per cent year on year, and a net profit attributable to shareholders of $1.514 billion, up $10 million on year. Woolworths Group boosted its sales by 9.2 per cent to $60.85 billion last financial year, with e-commerce revenues up 39 per cent to $6.26 billion, down 2.7

Net Profit 245

Net Profit Customer Experience Supermarket 245

Inside Retail

FEBRUARY 2, 2022

Overall profit fell by 6 per cent compared to the previous corresponding period in FY21. million, which added 46 showrooms to the group’s network , contributed a net profit after tax of $1.8 The group’s acquisition of Plush-Think Sofas from Greenlit Brands for $101.4

Net Profit 246

Net Profit Management ATS 246

Inside Retail

JANUARY 24, 2023

If optimal trading conditions persist, the company expects to deliver a second-half pro forma net profit after tax of between $18 million and $20 million. .” He said the business will continue to invest in its best-pricing strategy while effectively managing its inventory and cost levels.

Net Profit 130

Net Profit Consumer Planning Management 130

Inside Retail

AUGUST 14, 2023

per cent growth, while net profit fell 3.7 And in its full year results announcement on Monday, JB seems to have delivered another accurate forecast. The group’s sales growth jumped to 4.3 per cent to $9.63 billion for the year, compared to last year’s 3.5 per cent year on year to $524.6

Net Profit 246

Net Profit Retail Marketing Consumer Marketing 246

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 Active customers hit 818,000, up 39 per cent, which drove revenue growth of 48 per cent to $179.3 million.

Shipping 246

Shipping Beauty and Health Net Profit Returns 246

Inside Retail

JUNE 3, 2021

After a blockbuster first half that saw net profit soar 46.5 per cent despite sluggish sale s, The Reject Shop has said trading remained challenging through the beginning of the second half.

Net Profit 246

Net Profit Shopping Location Accounting 246

Inside Retail

MAY 3, 2021

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.

Net Profit 227

Net Profit Consumer Accounting 227

Inside Retail

JULY 19, 2021

per cent to $743 million and net profit reached $506 million – a 67.4 Electronics retailer JB Hi-Fi will deliver record sales and earnings growth for FY21, according to preliminary results released to shareholders on Tuesday. According to the business, sales grew 12.6 per cent over the course of the year to $8.9

Net Profit 246

Net Profit Drop-Shipping Shipping 246

Inside Retail

AUGUST 29, 2021

million in FY21, active customer growth of 62 per cent to 778,000, and a net profit of $14 million – 165 per cent up on a normalised basis. This strategy seems to have paid off for Temple & Webster, which enjoyed revenue growth of 85 per cent to $326.3

Net Profit 246

Net Profit Shopping 246

Inside Retail

MARCH 22, 2022

The business’ net profit after tax fell 124.7 Outdoor apparel retailer KMD Brands, formerly known as Kathmandu Holdings, has registered that its Australasian store network suffered significantly in the first half. Group sales for the half were recorded at $379.95 million (NZ$407.3 million) while underlying EBITDA was estimated at $9.52

Wholesale 246

Wholesale Net Profit Outdoor Apparel 246

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

Net Profit 130

Net Profit Department Stores Shipping Management 130

Inside Retail

AUGUST 17, 2021

At its full year results announcement on Wednesday morning, Coles revealed that net profit broke the one-billion-dollar mark, rising 2.8 Coles overall produced reasonably strong results, attaining just over $1 billion in net profit for the first time,” Mortimer told Inside Retail. “Of per cent to $1.005 billion.

Supermarket 246

Supermarket Net Profit Markdowns Shopping 246

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

Department Stores 246

Department Stores Net Profit Shipping Consumer 246

Inside Retail

AUGUST 16, 2022

billion although tax-paid net profit fell 20 per cent to $244.1 Super Retail Group has reported a “record” year of sales in its full-year results marked by a strong second-half performance – but its bottom line did not fare as well. For the year to July 2, the business says sales grew 2.8 per cent to $3.55

Supply Chain Management 246

Supply Chain Management Net Profit Apparel Wholesale 246

Inside Retail

SEPTEMBER 20, 2021

The group ended the year with a underlying net profit of $64 million – more than double what was achieved during FY20. After a difficult start to the year, outdoor group Kathmandu ended FY21 with relatively strong sales growth of 15.1 Once again, however, the Kathmandu brand suffered throughout the year. per cent.

Net Profit 246

Net Profit Wholesale Outdoor Returns 246

Inside Retail

MAY 19, 2021

The impressive growth in net profit largely comes from careful expense management and boosted gross profit margin, driven by an increase in retail and online sales.

Net Profit 162

Net Profit Shopping Planning Management 162

Inside Retail

AUGUST 23, 2021

Kogan’s bloated inventory and logistics costs severely impacted its profitability in FY21, with net profit plummeting 86.8 per cent to $3.5 million (compared to $26.8 million the year prior). Without taking these impacts into consideration, adjusted NPAT rose 43.2 per cent to $42.9 per cent to approximately $1.18 billion.

Net Profit 246

Net Profit Shopping Promotions Marketing 246

Inside Retail

MARCH 28, 2022

Trans-Tasman fashion retailer Hallenstein Glasson has reported a 40-per-cent reduction in half-year profit, citing Covid disruptions. million, with net profit at $11.91 Group sales fell 6.5 per cent to $170.63 million compared with the previous corresponding period. per cent of total group sales.

Net Profit 130

Net Profit Fashion Management Accessories 130

Inside Retail

SEPTEMBER 20, 2021

The group ended the year with a underlying net profit of $64 million – more than double what was achieved during FY20. After a difficult start to the year, outdoor group Kathmandu ended FY21 with relatively strong sales growth of 15.1 Once again, however, the Kathmandu brand suffered throughout the year. per cent.

Net Profit 237

Net Profit Wholesale Outdoor Returns 237

Inside Retail

NOVEMBER 22, 2021

Chinese discount goods retailer Miniso has reported strong first-quarter sales and profit growth for the three months to September 30 as its store network continues to expand internationally. million and adjusted net profit to $28.6 Sales surged 28.1 per cent to US$411.9 million, 80.3

Net Profit 130

Net Profit Marketing Discount Store 130

Inside Retail

JUNE 28, 2021

The business has had a rough run during the pandemic, with its net profit tumbling 44.5 “Trading conditions in the Northern Hemisphere for both Rip Curl and Oboz are particularly strong across our online, retail and wholesale channels, as our group benefits from a diversified mix of channel and geographies.”.

Outdoor 214

Outdoor Net Profit Wholesale 214

Retail Gazette

SEPTEMBER 13, 2023

It posted a net profit of £2.1bn for the six months to July 31 as the group widened its lead over Swedish rival H&M. The Spanish giant’s sales across all of its brands, including Zara , Pull & Bear, Massimo Dutti, Bershka and Stradivarius, grew 13.5%, reaching £14.5bn in this period. Revenues rose 13.5%

Fast Fashion 59

Fast Fashion Net Profit Fashion ATS 59

Inside Retail

FEBRUARY 22, 2022

million and net profit after tax of $16.9 Best & Less Group has reported ‘robust’ trading performance during the past half-year despite losing 21.3 per cent of trading days due to government-mandated store closures. The group has reported first-half revenue of $287.5

Net Profit 130

Net Profit Management Accessories Fashion 130

Inside Retail

MARCH 24, 2022

Premier investments’ online channels have contributed significantly to group’s half-year profit despite volatile trading conditions in its first-half results. Net profit after tax was registered at $163.6 Group sales increased 0.6 per cent delivering $769.9 million contributing 25.4 per cent of total sales.

Net Profit 130

Net Profit Marketing ATS Accessories 130