Inside Retail

MARCH 27, 2024

Collectible toy retailer Pop Mart says its net profit increased by more than 100 per cent last year. Pop Mart’s adjusted net profit increased by 107.6 per cent last year to US$165 million, while revenue jumped 36.5 per cent to $871.5 The retailer generated $147.47 per cent of its total revenue.

Net Profit 263

Net Profit Location Planning Marketing 263

Talking Retail

MAY 7, 2021

This story continues at Wimbledon and summer of sport: Net profit. Wimbledon is one of the stars of the season and will return this year after being cancelled in 2020 because of Covid-19. Or just read more coverage at Talking Retail.

Net Profit 52

Net Profit Returns ATS Management 52

Inside Retail

FEBRUARY 26, 2024

Kogan returned to profitability in the fiscal first half, despite lower revenue due to reduced inventory and the company’s focus on platform/software-based subscription revenue. The online retailer swung to a net profit of $8.7 million while revenue slid 9.9 per cent to $248.2 Gross margin stood at 36.1 per cent to $446.6

Returns 261

Returns Net Profit ATS 261

Inside Retail

FEBRUARY 26, 2024

billion, post-tax net profit slid 3.6 Supermarket chain Coles booked higher revenue in the fiscal first half, thanks to a sales increase across all segments. However, while group earnings before interest and taxes rose by 0.6 per cent to $1.1 per cent to $594 million. The company’s revenue rose 6.8 per cent year over year to $22.2

Supermarket 264

Supermarket Net Profit ATS 264

Inside Retail

SEPTEMBER 13, 2023

” Net profit rose 18.2 Statutory net profit rose 23.3 . “Our online offer is a scale business that returned to growth in the second half and has continued to increase market share throughout FY23.” per cent to $71.1 million for the 12 months to July 29, the highest since 2015. per cent to $60.4

Net Profit 278

Net Profit Department Stores Returns Store Operations 278

Inside Retail

FEBRUARY 19, 2024

Baby Bunting booked significantly lower net profit in the fiscal first half as sales declined amid macroeconomic challenges and price competition. The baby products retailer’s net profit plunged 31.3 million while gross profit margin stood at 37.2 per cent year over year to $3.5 million as sales fell 2.5

Net Profit 130

Net Profit Promotions Marketing ATS 130

Inside Retail

FEBRUARY 21, 2024

The company’s sales grew 3 per cent from last year to $2 billion while statutory net profit after tax slightly declined by 1 per cent to $143 million. Super Retail Group booked higher sales in the fiscal first half on the back of 17 new store openings.

Net Profit 249

Net Profit Accessories Consumer 249

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 300

Supermarket Net Profit Planning Store Operations 300

Inside Retail

FEBRUARY 12, 2024

The company’s net profit after tax was $264.3 Electronics and appliance retailer JB Hi-Fi reported total sales of $5.16 billion for the six months ended December 31, down from $5.3 billion year on year. million compared to last year’s $330 million. Sales in Australia were flat, up only 0.7 per cent to $3.62 per cent.

Net Profit 263

Net Profit Accounting Consumer Marketing 263

Inside Retail

FEBRUARY 19, 2024

Retail Food Group swung to a net income despite lower revenue in the fiscal first half, thanks to an increase in average transaction value and the company’s acquisition of Beefy’s Pies. RFG’s net profit stood at $5.1 million while revenue fell 1.4 per cent year over year to $61.9 per cent to $11.6 million.

Net Profit 289

Net Profit ATS 289

Inside Retail

FEBRUARY 28, 2024

Harvey Norman’s net profit fell amid lower revenue in the fiscal first half as large format retail property yields softened and franchise fees declined. The furniture and electronics retailer’s attributable net profit plunged 45.3 per cent to $200.01 million as revenue slid 8.2 per cent to $2.15 billion.

Net Profit 130

Net Profit Location Planning ATS 130

Inside Retail

FEBRUARY 15, 2024

Statutory net profit after tax rose to $223.5 The group attributed the increase to “robust tenant demand”, up from 98.8 per cent as of June 30 last year and 98 per cent at the peak of the pandemic (December 2020). million from $176.3 million in the year-ago period. Meanwhile, funds from operations were down 3.2 per cent to $345.6

Net Profit 264

Net Profit Sporting Goods Shopping ATS 264

Inside Retail

NOVEMBER 16, 2023

per cent, and a net profit of $88.7 .” The company also noted that it is focused on the efficiency of the cost of doing business amid inflationary pressures and lower like-for-like sales. In FY23, Accent Group opened 80 stores and booked owned sales of $1.39 billion, up 26.3 million, surging 181.8

Net Profit 264

Net Profit Wholesale Fashion Planning 264

Inside Retail

FEBRUARY 28, 2024

Profit lifts on lower sales During the fiscal first half, Mosaic Brands’ net profit surged 121 per cent to $5.4 million despite revenue decreasing 12.5 per cent to $234.1

Net Profit 264

Net Profit Fashion Consumer Marketing 264

Inside Retail

MARCH 25, 2024

Premier Investments posted net profit after tax of $177.2 However, the Australian Financial Review (AFR) said Lew will ensure that the next generation of management stars inside Premier are given their chance to shine. million for the first half of FY24, while EBIT reached $209.8 million, exceeding previous guidance.

Planning 264

Planning Net Profit Management Marketing 264

Inside Retail

NOVEMBER 23, 2023

Luxury fashion retailer Oroton Group says its profit more than tripled on the back of higher sales and stricter cost and inventory management in FY23. The company booked a net profit of $8.2 million in the 12 months ended July 30, up 3.5 times from last year.

Net Profit 264

Net Profit Inventory Management Accessories Apparel 264

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

Net Profit 130

Net Profit Shipping Management Location 130

Retail TouchPoints

OCTOBER 23, 2023

Shoppers who want to give back can purchase a Kohl’s Cares book or plush , with all net profits being donated to nonprofits working to improve the health and wellness of children and families across the U.S.

Net Profit 266

Net Profit Department Stores Promotions Checkout 266

Inside Retail

FEBRUARY 21, 2024

The property development company expects a net profit tax of about $16.8 Victoria’s Williams Landing Shopping Centre has been sold for $60 million after owner Cedar Woods accepted an unconditional offer which also includes one hectare of adjacent development land.

Shopping 130

Shopping Net Profit Specialty Store Supermarket 130

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 Accounting Marketing 130

Inside Retail

AUGUST 28, 2023

The group recorded net profit after tax of $2 million compared with $14 million in last year’s first half, indicating inflationary pressures facing the group in all markets. Total store sales were $589.4 million, up 9.4 per cent year over year, supported by the opening of new stores and a stronger US dollar.

Net Profit 246

Net Profit Location Marketing 246

Inside Retail

FEBRUARY 11, 2024

The group’s net profit jumped 8.4 All its product segments namely professional products, consumer products, L’Oréal Luxe, and dermatological beauty categories all experienced higher sales year on year. per cent to US$6.68 billion as revenue climbed 7.6 per cent to $44.45

Net Profit 147

Net Profit Consumer 147

Inside Retail

SEPTEMBER 27, 2023

Meanwhile, Premier Investments’ statutory net profit after tax fell 4.9 Gross profit grew 5.4 . “We maintain a relentless focus on product and channel optimisation whilst working with the board to maximise growth opportunities for each of our brands,” he concluded. per cent to $271.1 per cent to $1.02

Net Profit 262

Net Profit Apparel Wholesale Returns 262

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

JANUARY 14, 2024

billion while net profit is estimated to be between $200 million and $203 million during the six months ended December 30, based on preliminary data. Super Retail Group reached record revenue in the first half of the current fiscal year despite Rebel’s slight decline in performance.

Net Profit 130

Net Profit Outdoor Consumer Shopping 130

Retail Wire

AUGUST 23, 2023

Dick’s Sporting Goods has reported a 23% decline in quarterly net profits, attributing a significant part of the decline to high rates of inventory shrink due to theft. The CEO, Lauren Hobart, emphasized the severity of the issue and the impact it has on retailers across the industry and the country. The unexpected loss in.

Sporting Goods 100

Sporting Goods Net Profit 100

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 111

Net Profit 111

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 Management Marketing 246

Retail Gazette

APRIL 4, 2024

The retailer pulled in €3.1bn in sales last year, which helped to push net profits up by 112% from €81m (£69m) to €172m (£147m) for the year to 31 December 2023. Click here to sign up to Retail Gazette‘s free daily email newsletter

Net Profit 103

Net Profit Fashion 103

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.

Net Profit 246

Net Profit Department Stores Store Operations Planning 246

Inside Retail

FEBRUARY 21, 2024

per cent, while net profit after tax rose 12 per cent to $53.5 The Americas market was again a major driver of store network growth with 28 new stores opened. Europe also showed strong growth with 26 new locations, including 12 in France. EBIT was $81.6 million, up 16.3

Net Profit 130

Net Profit Marketing Location Accessories 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 ATS 244

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 Payment Services Specialty Store Fast Fashion 278

Retail TouchPoints

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. You can have a product with a 5:1 ROAS, but if that product has a negative net profit margin, who cares?

Net Profit 262

Net Profit Advertising Accounting Marketing 262

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

Net Profit 246

Net Profit Department Stores Accounting ATS 246

Retail Wire

DECEMBER 14, 2022

The company posted a 24 percent gain in net profit. Inditex, the parent company of Zara, raised prices five percent or more across some lines and saw its sales increase 19 percent year-over-year.

Net Profit 100

Net Profit 100

Retail Wire

MARCH 22, 2023

GameStop posted a net profit of $48.2 “We’re aggressively focused on year-over-year profitability improvement while still pursuing pragmatic long-term growth,” CEO Matt Furlong said. million in the fourth quarter as the company slashed expenses.

Net Profit 100

Net Profit 100