Expert insights. Personalized for you.
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 MORE
billion and net profit for the year hitting $506 million – a 67.4 Net-zero goal by 2030. JB Hi-Fi has delivered another strong year despite the continuation of lockdowns and trading restrictions, with total sales rising 12.6 per cent to $8.9 MORE
It also posted its biggest profit since FY17, with net profit after tax excluding implementation costs and individually significant items rising to $51.7 Statutory net profit after tax rose to $46.4 MORE
The company posted a net profit of $1.2 per share, compared to a net loss of $1.71 The increases reflect strong adjusted gross profit growth across both pharmacy and retail in the U.S. DEERFIELD, Ill. MORE
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 MORE
per cent boost to net earnings for the six months to December 2020, amid praise and scorn. million net profit from $784.6 MORE
The business has had a rough run during the pandemic, with its net profit tumbling 44.5 MORE
Where revenues went, profits followed. Those same 20 companies made a net profit of US$320.6 That’s an astonishing 19 per cent profit gain. Top of the list of tech giants was Amazon, which had a net profit of US$21.3 MORE
When you translate that margin gain for a retailer that might currently be making a net profit of 2 or 3 per cent, it can translate into really substantial profit growth over a relatively short period of time,” says Moore. MORE
Section 135 of the Companies Act of 2013 prescribed that two percent of average net profits by eligible companies operating in the country be directed toward CSR activities in authorized focus areas. “Powering an inclusive future for all” is Cisco’s purpose statement. MORE
Myer’s half year results, however, did see the business recover slightly – with a net profit after tax of $42.9 MORE
per cent lift in net profit to $2.07 The post Woolworths declares $2bn share buyback as profit hits $2.07bn appeared first on Inside Retail. MORE
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 MORE
Net profit after tax was up more than 40 per cent to $2.4 Australian retail conglomerate Wesfarmers reported its full-year results on Friday , revealing a 10 per cent increase in revenue to $33.9 billion on strong sales growth in retail businesses Bunnings, Kmart Group, and Officeworks. MORE
net sales/number of employees. net sales/total space. While generating high footfall traffic to your stores is a great starting point, it won’t provide much value without the ability to convert those visits into transactions that generate profit. MORE
The business’ global active customer base, now spread across Australia, New Zealand, the US, UK, and European markets, hit one million for the first time this year, driving an underlying net profit growth of 80.6 Plus-size fashion firm City Chic has enjoyed the consumer-led switch to online retail, with 73 per cent of its FY21 total sales of $258.5 million coming through its online. MORE
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 MORE
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 MORE
This story continues at Wimbledon and summer of sport: Net profit. The nation’s eagerly awaited summer of sport is almost here – and retailers must be ready to maximise sales as shoppers stock up to enjoy the action in the months ahead. MORE
Temple & Webster has surfed strong online homewares sales to a year of record profit, revenue, and customer growth, with Australians continuing to rethink and refurnish their homes amid ongoing lockdown restrictions. MORE
Accent Group’s recent spate of acquisitions has done little to dampen a strong FY21 result, with the footwear giant delivering earnings growth despite spending millions on picking up new brands, and marking the group’s fourth consecutive year of record profits. MORE
Mosaic Brands has returned to earnings growth despite faltering sales, clocking in a net profit figure of $2.7 The benefits of these actions became evident in the fourth quarter, which delivered our second most profitable Q4 on record with comparable sales growth of 27.9 MORE
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. MORE
million while net profit surged 60.9 Despite continual Covid-19 related retail lockdowns, we achieved growth in sales, gross margin and profit, with increased market share across our core categories of skincare, body and hair,” he said. “In MORE
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 MORE
SEPTEMBER 27, 2021
But] if you think about that metric, it’s flawed, because it doesn’t account for net profit margin or profitability at the ASIN [Amazon Standard Identification Number] level. Every day , 1,797 new sellers join the Amazon marketplace. MORE
On Thursday morning Myer released its unaudited trading update – something requested last week by Lew – and said it expects to return to “second half” profitability for the first time since FY17. MORE
Kogan’s bloated inventory and logistics costs severely impacted its profitability in FY21, with net profit plummeting 86.8 The post Kogan profit falls 86 per cent on bloated inventory costs appeared first on Inside Retail. MORE
The latest financials from Birkenstock are for the year to in September 2019, when the company reported $875 million in revenues and a net profit increase of 40% year-over-year. MORE
Beacon Lighting expects its net full year earnings to hit between $35.5 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. MORE
Meijer donates more than 6% of its net profit to charitable organizations annually, and each of its stores work with local food banks and pantries to help fight hunger. GRAND RAPIDS, Mich.— MORE
Fashion house Hallenstein Glassons has delivered a year of growth in a difficult market, with group sales almost 22 per cent up to $333 million and net profit hitting $31.7 MORE
Profits at Barbie and Hot Wheels firm Mattel were $126.6 LEGO also reported a strong year with net profit up almost 20% to DKK 9.9 Remember Toys ‘R’ Us? A toy shop that gave the world Barbie, Mr. Potato Head and other wonderful creations. MORE
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 MORE
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. MORE
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 The post Myer bounces back to profitability, names new chair appeared first on Inside Retail. MORE
Wesfarmers has joined in the parade of businesses reaping the rewards of a strong year of trade, despite ongoing movement restrictions, signaling a 40 per cent jump in net profit to $2.38 MORE
Net profit grew to an average of three percent, up from one percent in 2019. FMI’s “The Food Retailing Industry Speaks 2021” report found that the average grocery retailer posted a 15.8 MORE
Unprecedented demand in lifestyle and leisure gifted Super Retail Group record sales and earnings in FY21, with net profit doubling during the year to $306.8 MORE
It came as the company said it posted a net profit of 421 million euros (£361.9 However, the profit was still around a third below the levels it saw a year ago. MORE
The profitability of both chains is now dependent on store closures, the reduction of floor space and revised lease deals with landlords, and continued growth in online sales, maybe retreating post-Covid based on market advice from pureplay e-tailer Kogan.com. The $56 million operating profit for the first half of the current financial year followed a 15 per cent reduction in costs, which included the rent reductions and floorspace sacrifice, as well as government support. MORE
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. MORE
Nick Scali said it had almost doubled profit during the six months to February, with net profit hitting $40.5 Following a successful first half , furniture business Nick Scali has offered Greenlit Brands an undisclosed sum to buy up its Plush Sofas business. MORE
While the business’ first quarter was heavily impacted by store closures in Victoria, the remainder of the year saw improved performance and positive comparable store sales, with a gross margin of 77 per cent delivering a net profit of $27.7 MORE
Net Profit Related Topics 
Talking Retail
MAY 7, 2021
This story continues at Wimbledon and summer of sport: Net profit. The nation’s eagerly awaited summer of sport is almost here – and retailers must be ready to maximise sales as shoppers stock up to enjoy the action in the months ahead.
Retail Wire
SEPTEMBER 17, 2021
Net profit grew to an average of three percent, up from one percent in 2019. FMI’s “The Food Retailing Industry Speaks 2021” report found that the average grocery retailer posted a 15.8
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
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
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
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 The post Myer bounces back to profitability, names new chair appeared first on Inside Retail.
Inside Retail
AUGUST 29, 2021
Temple & Webster has surfed strong online homewares sales to a year of record profit, revenue, and customer growth, with Australians continuing to rethink and refurnish their homes amid ongoing lockdown restrictions.
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.
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
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.
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.
Inside Retail
JULY 18, 2021
Nick Scali said it had almost doubled profit during the six months to February, with net profit hitting $40.5 Following a successful first half , furniture business Nick Scali has offered Greenlit Brands an undisclosed sum to buy up its Plush Sofas business.
Inside Retail
JUNE 28, 2021
The business has had a rough run during the pandemic, with its net profit tumbling 44.5
Inside Retail
MAY 19, 2021
Beacon Lighting expects its net full year earnings to hit between $35.5 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.
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
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
Inside Retail
AUGUST 23, 2021
Kogan’s bloated inventory and logistics costs severely impacted its profitability in FY21, with net profit plummeting 86.8 The post Kogan profit falls 86 per cent on bloated inventory costs appeared first on Inside Retail.
Inside Retail
SEPTEMBER 30, 2021
Fashion house Hallenstein Glassons has delivered a year of growth in a difficult market, with group sales almost 22 per cent up to $333 million and net profit hitting $31.7
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
Inside Retail
AUGUST 31, 2021
Mosaic Brands has returned to earnings growth despite faltering sales, clocking in a net profit figure of $2.7 The benefits of these actions became evident in the fourth quarter, which delivered our second most profitable Q4 on record with comparable sales growth of 27.9
Inside Retail
AUGUST 25, 2021
Myer’s half year results, however, did see the business recover slightly – with a net profit after tax of $42.9
Inside Retail
AUGUST 24, 2021
While the business’ first quarter was heavily impacted by store closures in Victoria, the remainder of the year saw improved performance and positive comparable store sales, with a gross margin of 77 per cent delivering a net profit of $27.7
Inside Retail
DECEMBER 1, 2021
Where revenues went, profits followed. Those same 20 companies made a net profit of US$320.6 That’s an astonishing 19 per cent profit gain. Top of the list of tech giants was Amazon, which had a net profit of US$21.3
Inside Retail
AUGUST 26, 2021
Wesfarmers has joined in the parade of businesses reaping the rewards of a strong year of trade, despite ongoing movement restrictions, signaling a 40 per cent jump in net profit to $2.38
Inside Retail
AUGUST 17, 2021
Unprecedented demand in lifestyle and leisure gifted Super Retail Group record sales and earnings in FY21, with net profit doubling during the year to $306.8
Inside Retail
AUGUST 15, 2021
billion and net profit for the year hitting $506 million – a 67.4 Net-zero goal by 2030. JB Hi-Fi has delivered another strong year despite the continuation of lockdowns and trading restrictions, with total sales rising 12.6 per cent to $8.9
Inside Retail
AUGUST 11, 2021
On Thursday morning Myer released its unaudited trading update – something requested last week by Lew – and said it expects to return to “second half” profitability for the first time since FY17.
Inside Retail
AUGUST 29, 2021
million while net profit surged 60.9 Despite continual Covid-19 related retail lockdowns, we achieved growth in sales, gross margin and profit, with increased market share across our core categories of skincare, body and hair,” he said. “In
Inside Retail
SEPTEMBER 16, 2021
It also posted its biggest profit since FY17, with net profit after tax excluding implementation costs and individually significant items rising to $51.7 Statutory net profit after tax rose to $46.4
Retail Touch
JANUARY 20, 2021
The latest financials from Birkenstock are for the year to in September 2019, when the company reported $875 million in revenues and a net profit increase of 40% year-over-year.
Retail Touch
SEPTEMBER 27, 2021
But] if you think about that metric, it’s flawed, because it doesn’t account for net profit margin or profitability at the ASIN [Amazon Standard Identification Number] level. Every day , 1,797 new sellers join the Amazon marketplace.
Inside Retail
AUGUST 25, 2021
The business’ global active customer base, now spread across Australia, New Zealand, the US, UK, and European markets, hit one million for the first time this year, driving an underlying net profit growth of 80.6 Plus-size fashion firm City Chic has enjoyed the consumer-led switch to online retail, with 73 per cent of its FY21 total sales of $258.5 million coming through its online.
Inside Retail
AUGUST 18, 2021
Accent Group’s recent spate of acquisitions has done little to dampen a strong FY21 result, with the footwear giant delivering earnings growth despite spending millions on picking up new brands, and marking the group’s fourth consecutive year of record profits.
Inside Retail
JULY 27, 2021
When you translate that margin gain for a retailer that might currently be making a net profit of 2 or 3 per cent, it can translate into really substantial profit growth over a relatively short period of time,” says Moore.
Inside Retail
AUGUST 29, 2021
Net profit after tax was up more than 40 per cent to $2.4 Australian retail conglomerate Wesfarmers reported its full-year results on Friday , revealing a 10 per cent increase in revenue to $33.9 billion on strong sales growth in retail businesses Bunnings, Kmart Group, and Officeworks.
Inside Retail
AUGUST 25, 2021
per cent lift in net profit to $2.07 The post Woolworths declares $2bn share buyback as profit hits $2.07bn appeared first on Inside Retail.
V Count
MAY 5, 2021
net sales/number of employees. net sales/total space. While generating high footfall traffic to your stores is a great starting point, it won’t provide much value without the ability to convert those visits into transactions that generate profit.
Inside Retail
APRIL 8, 2021
per cent boost to net earnings for the six months to December 2020, amid praise and scorn. million net profit from $784.6
365 Retail
JUNE 9, 2021
It came as the company said it posted a net profit of 421 million euros (£361.9 However, the profit was still around a third below the levels it saw a year ago.
Inside Retail
JUNE 21, 2021
The profitability of both chains is now dependent on store closures, the reduction of floor space and revised lease deals with landlords, and continued growth in online sales, maybe retreating post-Covid based on market advice from pureplay e-tailer Kogan.com. The $56 million operating profit for the first half of the current financial year followed a 15 per cent reduction in costs, which included the rent reductions and floorspace sacrifice, as well as government support.
Cisco Retail
AUGUST 19, 2021
Section 135 of the Companies Act of 2013 prescribed that two percent of average net profits by eligible companies operating in the country be directed toward CSR activities in authorized focus areas. “Powering an inclusive future for all” is Cisco’s purpose statement.
Mass Relators
JULY 12, 2021
The company posted a net profit of $1.2 per share, compared to a net loss of $1.71 The increases reflect strong adjusted gross profit growth across both pharmacy and retail in the U.S. DEERFIELD, Ill.
Retail Touch
JULY 29, 2021
Profits at Barbie and Hot Wheels firm Mattel were $126.6 LEGO also reported a strong year with net profit up almost 20% to DKK 9.9 Remember Toys ‘R’ Us? A toy shop that gave the world Barbie, Mr. Potato Head and other wonderful creations.
Mass Relators
MAY 13, 2021
Meijer donates more than 6% of its net profit to charitable organizations annually, and each of its stores work with local food banks and pantries to help fight hunger. GRAND RAPIDS, Mich.—
208 
Let's personalize your content