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Retail
Why Did ASX Retail Shares Thrive Amidst a Cost-of-Living Crisis?
July 12, 2024 03:36 PM AEST| By Team Kalkine MediaIn fiscal year 2024 (FY24), ASX retail shares demonstrated robust performance, with the S&P/ASX 200 Consumer Discretionary Index (INDEXASX: XDJ) surging by 19.29%, significantly outpacing the benchmark index's gains of 7.83% (12.1% including dividend...
Super Retail Group (ASX: SUL) Shares Surge 4.1% on UBS Upgrade and Optimistic Consumer Outlook
June 26, 2024 03:34 PM AEST| By Team Kalkine MediaShares of Super Retail Group Ltd (,ASX: SUL,) saw a significant rise on Wednesday, climbing as much as 2.47% to AU$14. 8 apiece. This marks the stock's most substantial intraday percentage gain since 23 February and its highest level since 1 May 2024...
JB Hi-Fi (ASX: JBH) Shares Slide Over 4% on Weaker Q3 Sales: Here's What Investors Need to Know
May 09, 2024 03:50 PM AEST| By Team Kalkine MediaIn today's trading session, shares of Australian electronics retailer JB Hi-Fi (,ASX: JBH,) experienced a significant decline, dropping by as much as 4.55% to AU$57.24 apiece. This marks their steepest intraday drop since mid-June 2022, highlighting...
Super Retail Group (ASX: SUL) Shares Slide 5% on FY24 Trading Update
May 09, 2024 03:08 PM AEST| By Team Kalkine MediaSuper Retail Group Ltd (,ASX: SUL,) witnessed nearly 5% decline in its share price on Thursday following the release of a trading update for the second half of FY24. The announcement was made during the Macquarie Australia conference, where the retai...
Bapcor (ASX: BAP) Faces Share Price Plunge Following Trading Halt
May 02, 2024 12:45 PM AEST| By Team Kalkine MediaBapcor Ltd (,ASX: BAP,) has reemerged from a trading halt with a significant drop in its share price, plummeting by 23.88% to close at AU$4.40 on Thursday. Although the shares have slightly recovered, they remain down nearly 30% at the time of repor...
Super Retail Group (ASX: SUL) Shares Plummet as Legal Woes Escalates
April 26, 2024 03:22 PM AEST| By Team Kalkine MediaSuper Retail Group Ltd (,ASX: SUL,) witnesses a staggering decline in its share price, plunging by as much as 4.3% to AU$14.42 apiece on 26 April 2024, marking its most significant downturn since February 21. The stock's precipitous fall underscores...
UBS lowers price target of Woolworths (ASX: WOW)
March 07, 2024 10:03 PM AEDT| By Team Kalkine MediaAustralia's retail giant, Woolworths (,ASX: WOW,), finds itself navigating turbulent waters as its shares dip by 0.28% on 7 March to AU$32.39 apiece. Analysts at UBS have weighed in on the situation, lowering the price target on the country's largest...
Harvey Norman (ASX: HVN) reaffirms its position in market with robust half year results
February 29, 2024 06:12 PM AEDT| By Team Kalkine MediaHarvey Norman Holdings Ltd (,ASX: HVN,), a stalwart in the retail industry, has reported a robust HY Profit After Tax & NCI of AU$200.01 million, reaffirming its position as a key player in the market. Let's delve into the financial intricacies and s...
Wesfarmers (ASX: WES) reports rise in 1HFY24 profits, shares jump almost 5%
February 15, 2024 01:01 PM AEDT| By Team Kalkine MediaIn the ever-evolving landscape of the Australian retail sector, Wesfarmers Ltd (,ASX: WES,) has emerged as a notable player on 15 February 2024, experiencing a remarkable 4.78% surge to AU$61.77 apiece.,The retail giant is not merely experiencing a m...
Lovisa Holdings (ASX: LOV) trading in red on Tuesday. Here’s why.
January 16, 2024 02:09 PM AEDT| By Team Kalkine MediaThe stock of Lovisa Holdings (,ASX: LOV,) is currently experiencing a significant downturn, plummeting by as much as 5.4% to AU$22.68. This intraday fall marks the sharpest since September 12, 2023, raising eyebrows and prompting a closer look at the...
Investigating Eagers Automotive (ASX: APE) Cyber Incident
January 02, 2024 12:02 PM AEDT| By Team Kalkine MediaAustralia's Eagers Automotive (,ASX: APE,) encountered a recent cyber incident, unveiling unauthorized access to specific portions of its IT infrastructure by a third party. This breach facilitated data access from the company's servers.,Implications...
Eagers Automotive Cyber Incident: Impact on Transactions and Operations
December 29, 2023 01:08 PM AEDT| By Team Kalkine MediaEagers Automotive (,ASX: APE,) faced a cyber incident affecting its IT systems, hampering the finalization of transactions for certain new vehicles, which were already sold and ready for delivery. This incident has had significant implications for th...
Sigma-Chemist Warehouse Merger: Evaluating Its Impact on Wesfarmers and ASX Retail Stocks
December 13, 2023 08:41 PM AEDT| By Team Kalkine MediaThe market was taken by surprise as Sigma Healthcare Ltd (,ASX: SIG,) announced its merger with Chemist Warehouse, prompting investors to analyze the potential repercussions, especially for retail giants like Wesfarmers Ltd (,ASX: WES,). Wesfarmers,...
ASX Retail Shares Rally Post Black Friday/Cyber Monday Sales Surge
November 28, 2023 10:09 PM AEDT| By Team Kalkine MediaAustralian retail shares on the ASX are enjoying an upswing this Tuesday, propelled by the aftermath of the Black Friday and Cyber Monday sales weekend. Notably, the S&P/ASX 200 Consumer Discretionary Index has surged by 0.5%, reflecting the positive...
What's in it for Wesfarmers Shares with OnePass Push?
November 15, 2023 10:01 PM AEDT| By Team Kalkine MediaIf you've tuned into TV or scrolled through YouTube recently, chances are you've come across advertisements for OnePass. This loyalty program, backed by the ASX retail and industrial conglomerate Wesfarmers Ltd (,ASX: WES,), has been prominently feat...
Flight Centre Travel Group Begins FY24 Strong but Faces Share Price Pressure
November 15, 2023 07:20 PM AEDT| By Team Kalkine MediaThe Flight Centre Travel Group Ltd (,ASX: FLT,) commenced its fiscal year 2024 with promising results, but recent developments at its annual general meeting (AGM) have stirred a downturn in its share price.,As of the latest update, the travel agency'...
Endeavour Share Price Dips As Wavish'S Board Appointment Progresses.
October 19, 2023 07:35 AM AEDT| By Team Kalkine MediaThe Endeavour Group Ltd (,ASX: EDV,) share price has experienced a 1.71% dip, mirroring the broader market's 1.67% decline today as the S&P/ASX 200 Index (ASX: XJO) faces some headwinds. At present, Endeavour shares are trading at $5.18, and this com...
Up 15% in 2023: Is it a good time to buy Wesfarmers shares now?
October 18, 2023 09:21 PM AEDT| By Team Kalkine MediaIn the relatively subdued landscape of the S&P/ASX 200 Index (ASX: XJO) in 2023, Wesfarmers Ltd (ASX: WES) has emerged as a standout performer, experiencing a robust 15.22% surge in its share price. The,ASX 200,, by contrast, has recorded a modest 1....
Do Accent Group Limited's (ASX:AX1) Financials Drive Recent Stock Gains?
October 11, 2023 04:50 PM AEDT| By Team Kalkine MediaAnalyzing Accent Group Limited's (,ASX: AX1,) recent stock gains involves a detailed examination of its financial performance, market dynamics, and various factors influencing investor sentiment. A comprehensive review allows investors to gain insigh...
Is Woolworths Group Limited (ASX: WOW) Justifiably Priced?
September 22, 2023 07:10 AM AEST| By Team Kalkine MediaAssessing the valuation of a company's stock is a critical task for investors seeking to make informed decisions. In the case of Woolworths Group Limited (,ASX: WOW,), a retail giant in Australia, the question arises: is its current stock price justi...
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