Inside Retail

AUGUST 20, 2024

Domino’s Pizza Enterprises saw net profit decline despite higher sales during the past fiscal year. The company’s net profit fell 1.9 This will be offset by planned store closures to improve profitability in France and Japan. per cent to $120.4 million while network sales grew 4.6 per cent to $4.19

Net Profit 278

Net Profit Planning ATS 278

Inside Retail

FEBRUARY 20, 2025

Universal Store Holdings has appointed George Do in the newly created role of Universal Store and Perfect Stranger divisional CEO, effective March 1, after suffering a steep net profit decline in the first half. The new appointment comes after the group posted a net profit of $11.3 per cent, which included a $13.6

Net Profit 130

Net Profit Wholesale Apparel Fashion 130

Inside Retail

AUGUST 20, 2024

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 The post Step One’s net profit surges 43.9 per cent to $12.4 million as revenue jumped 29.7 per cent to $84.5

Net Profit 278

Net Profit Accounting Marketing Consumer 278

Inside Retail

AUGUST 21, 2024

Universal Store Holdings saw its net profit surge 45.3 per cent, ongoing rollout of the Perfect Stranger’s retail format, completion and contributions of the Cheap Thrills Cycles (CTC), and the net store count increasing to 102. The post Universal Store’s net profit surges 45.3 per cent to $34.3

Net Profit 278

Net Profit Consumer Management Accessories 278

Inside Retail

SEPTEMBER 5, 2024

Hallensteins Glassons anticipates reporting a higher net profit amid improved sales in the last fiscal year. In a trading update, the New Zealand-listed trans-Tasman fashion retailer said it expects to report a net profit of between NZ$34 million and $34.75 million (A$31.4 million to $32.1 million) a year ago.

Net Profit 277

Net Profit Fashion Accessories 277

Inside Retail

AUGUST 25, 2024

Endeavour Group’ s net profit fell 3.2 ” The post Endeavour Group’s net profit slips despite higher sales appeared first on Inside Retail Australia. per cent to $512 million, while sales increased 3.6 per cent to $12.3 per cent to $685 million as sales climbed 3.4 per cent to $10.25 billion. .

Net Profit 278

Net Profit Management Consumer 278

Inside Retail

FEBRUARY 5, 2024

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

Net Profit 303

Net Profit Department Stores Accounting Promotions 303

Inside Retail

AUGUST 8, 2024

Furniture retailer Nick Scali’s net profit plunged 20.3 The post Nick Scali’s net profit plunges amid Fabb Furniture acquisition appeared first on Inside Retail Australia. per cent year over year to $80.6 million in the 12 months ended June 30. Revenue fell 7.8 per cent to $468.2

Net Profit 278

Net Profit Operating Expenses Returns Marketing 278

Inside Retail

FEBRUARY 18, 2025

Retail Food Group’s net profit surged in the fiscal first half on the back of positive sales momentum in the cafe, coffee, bakery segment. The group’s net income surged 73.8 The post Retail Food Group’s net profit surges 73.8 per cent year over year to $7.3 million as revenue increased 19.2

Net Profit 130

Net Profit ATS 130

Inside Retail

AUGUST 26, 2024

Coles saw its profit slightly grow on the back of higher revenue in the last fiscal year, amid the renewal and opening of new stores. The supermarket chain’s net profit grew 1.8 The post Coles delivers higher net profit amid increase in sales appeared first on Inside Retail Australia. per cent to $1.12

Net Profit 272

Net Profit Supermarket Fulfillment Planning 272

Retail Wire

AUGUST 14, 2024

UBS claims revenue growth at its wealth management and investment bank divisions increased net profits.

Net Profit 263

Net Profit Management ATS 263

Inside Retail

AUGUST 19, 2024

Retail Food Group swung to a net profit of $5.8 The post Retail Food Group swings to net profit on store outlets expansion appeared first on Inside Retail Australia. million amid an expanding network of store outlets during the past fiscal year. The company’s revenue increased 9.7 per cent to $211.7

Net Profit 278

Net Profit Location Consumer 278

Inside Retail

NOVEMBER 19, 2024

Nick Scali is at risk of not meeting its first-half net profit guidance for Australia and New Zealand due to delays in the delivery of its products. The delays are adding significant risks to Nick Scali’s capacity to hit its $30 million to $33 million net profit guidance for ANZ.

Net Profit 262

Net Profit ATS Shipping 262

Inside Retail

SEPTEMBER 19, 2023

Outdoor apparel retailer KMD Brands has witnessed an increase in sales and net profit in FY23 on the back of improved performance across all its businesses – with the Rip Curl and Oboz brands achieving record sales. million and net profit after tax jumping 8.6 Sales grew 12.6 per cent to $1.01 per cent to $97.4

Net Profit 264

Net Profit Wholesale Outdoor Returns 264

Inside Retail

FEBRUARY 26, 2024

Retail drinks and hospitality business Endeavour Group has posted a slight increase in sales for the fiscal first half, but net profit was down as the group previously expected. However, net profit after tax slid 3.6 Group sales for the 27 weeks ended rose 2.5 per cent year on year to $6.7

Net Profit 259

Net Profit Finance Location Management 259

Inside Retail

FEBRUARY 20, 2024

Solid results in the Australian food and B2B business segments drive an increase in first-half sales and net profit for Woolworths Group. The supermarket group’s net profit rose 2.5 The post Woolworths books higher net profit, sales in first half appeared first on Inside Retail Australia.

Net Profit 255

Net Profit Supermarket Department Stores Marketing 255

Inside Retail

JANUARY 26, 2025

In the last fiscal year, Kogan swung to a net profit of $83,000 despite a 6.1 Although implementation and technology challenges temporarily adversely impacted Mighty Ape sales during the peak period, the issues have since been largely resolved. per cent decrease in revenue.

Net Profit 254

Net Profit Promotions Returns Marketing 254

Inside Retail

MARCH 20, 2025

On the bottom line, net profit before tax fell 12.7 The brand operated 307 stores across its proprietary markets of Australia, New Zealand, the UK, Ireland, Singapore and Malaysia at the end of the first half. per cent to $148.4

Net Profit 241

Net Profit Marketing ATS Accessories 241

Inside Retail

FEBRUARY 17, 2025

Baby Bunting’s net profit surged amid higher revenue in the first half as a new product range lifted the average selling price and gross margin. The baby products retailer saw statutory net profit soar 45.3 ” For the full fiscal year, the company forecasts pro forma net profit to be in the range of $9.5

Net Profit 179

Net Profit 179

Inside Retail

AUGUST 26, 2024

Lovisa Holdings booked higher net profit amid a strong trading performance and global expansion in the last fiscal year. The company’s net profit grew 20.9 The jewellery and accessories retailer ended the fiscal year with 900 stores globally after opening a net 128 new stores., per cent to $82.4

Net Profit 147

Net Profit Accessories Marketing ATS 147

Inside Retail

FEBRUARY 23, 2025

The group’s net profit increased 9.5 Michael Hill has started an internal strategic review for its New Zealand business after another sales dip in the segment during the first half. per cent to $16.9 million despite revenue decreasing 0.7 per cent to $360.2 However, revenue from its New Zealand business fell 7.4 million ($54.6

Net Profit 243

Net Profit Marketing Accessories Fashion 243

Inside Retail

AUGUST 30, 2024

Harvey Norman ‘s net profit and revenue fell amid inflationary pressures in the last fiscal year. The furniture and electronics retailer’s profit declined 34.7 The post Harvey Norman’s net profit plunges 34.7 per cent to $187.1 million as revenue slid 3.9 per cent to $4.11 per cent to $971.2

Net Profit 147

Net Profit 147

Inside Retail

AUGUST 20, 2024

Australian-listed appliance maker Breville Group’s net profit rose 7.5 ” The post Breville’s net profit up; the Americas, EMEA lead growth appeared first on Inside Retail Australia. per cent to $118.5 million in the last fiscal year. The company booked record revenue of $1.53 billion, up 3.5

Net Profit 147

Net Profit Planning Management Marketing 147

Inside Retail

AUGUST 21, 2024

The Reject Shop’s net profit declined significantly despite higher sales in the last fiscal year. The discount retailer’s net profit plunged 35.9 “In order to address these challenges, management has been focused on gross profit margin improvement. per cent to $4.7 million while sales grew 4.1

Net Profit 147

Net Profit Shrinkage Shopping Planning 147

Inside Retail

FEBRUARY 16, 2025

However, its net profit attributable to shareholders declined 36.6 “As we expand margins, grow our online channels and store network we are well placed to deliver a material step change in both revenue and profit growth over the next three years.” million, with an EBITDA margin of 4.5 Sales rose 2.3

Net Profit 205

Net Profit Inventory Management Promotions Management 205

Inside Retail

FEBRUARY 27, 2025

Endeavour Group’s net profit declined in the first half, impacted by the Victor ian supply chain disruption during the peak end-of-year trading period. The group’s net profit fell 15.1 per cent to $298 million while sales slid 0.7 per cent to $6.62 Retail sales declined 1.5 per cent to $5.5

Net Profit 162

Net Profit Consumer Supermarket 162

Inside Retail

FEBRUARY 19, 2025

Super Retail Group’s net profit fell in the fiscal first half amid inflationary pressures affecting the cost of doing business. The group’s statutory net profit declined 9 per cent to $130 million despite sales increasing 4 per cent to $2.11

Net Profit 165

Net Profit Promotions Consumer Planning 165

Inside Retail

FEBRUARY 25, 2025

Woolworths Group booked lower profit in the first half, attributed to the 17-day industrial action impacting its supermarket business last December and a trend of customers seeking more value when shopping. The group’s net profit fell 20.6 per cent to $739 million after earnings before interest and taxes (EBIT) slid 14.2

Consumer 243

Consumer Net Profit Supermarket Wholesale 243

Inside Retail

FEBRUARY 6, 2025

Nick Scali’s net profit dipped in the fiscal first half ended December 31 amid a sharp decline in Australia and New Zealand performance and softer-than-expected loss in the UK. The furniture retailer’s net profit plunged 30.2 per cent to $30 million, with ANZ net profit tumbling 20.7

Net Profit 130

Net Profit Finance Consumer Marketing 130

Inside Retail

FEBRUARY 25, 2024

Furniture retailer Adairs says its first-half net profit and revenue have fallen, reflecting challenging macroeconomic conditions and lower customer counts in stores. The company’s net profit declined 18.9 The post Adairs books lower net profit as customer count falls appeared first on Inside Retail Australia.

Net Profit 130

Net Profit Management ATS 130

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 percent increase in same-store sales in 2020 but also found cost increases tied to the pandemic.

Net Profit 130

Net Profit Grocer 130

Inside Retail

AUGUST 15, 2023

Vicinity Centres has posted a lower statutory net profit after tax of $271.5 Net profit after tax fell from last year’s $1.2152 billion, largely driven by a non-cash reduction in asset valuations. Net property income increased 12.1 The post Vicinity Centres posts full-year net profit of $271.5

Net Profit 130

Net Profit Management Shopping ATS 130

Inside Retail

AUGUST 27, 2024

The supermarket chain’s net profit before significant items slid 0.6 billion while net profit after significant items plummeted 93.3 Woolworths Group booked lower earnings despite higher sales in the last fiscal year. per cent to $1.71 per cent to $108 million. The group’s sales climbed 5.6 per cent to $67.92

Net Profit 275

Net Profit Markdowns Supermarket ATS 275

Inside Retail

AUGUST 11, 2024

The acquisition announcement comes as JB Hi-Fi reports a decline in net profit and sales in the last fiscal year. Its net profit fell 16.4 . “JB Hi-Fi’s deep understanding of the homemaker sector and extensive experience in the appliance industry make it an ideal partner for our business,” said Sinclair.

Net Profit 290

Net Profit Consumer Marketing 290

Inside Retail

SEPTEMBER 19, 2024

Myer saw a decline in net profit in the last fiscal year due to the underperformance of Sass&Bide, Marcs, and David Lawrence, inflationary pressures, and store closures. The department store chain’s net profit fell 26 per cent to $52.6 million as sales dipped 2.9 per cent to $3.27 per cent of total sales.

Net Profit 264

Net Profit Department Stores Apparel Accounting 264

Retail Wire

AUGUST 9, 2024

After facing a 48% drop in net profit for the first half 2024, Stellantis is planning to lay off up to 2,450 U.S. plant workers in Warren, Michigan, later this year.

Net Profit 246

Net Profit Planning 246

Inside Retail

MAY 15, 2024

Skechers said last month that increased sales in the first quarter resulted in a massive increase in net profitability. billion, the company’s net profitability increased by 28.8 The gross profit margin improved to 52.5 per cent, while the gross profit increased by 20.7 With revenues up 12.5

Net Profit 262

Net Profit Outdoor Fashion Accessories 262