Consumer


 Australian Market Sees Marginal Decline Amid Global Uncertainty

Australian Market Sees Marginal Decline Amid Global Uncertainty

December 06, 2024 11:40 AM AEDT| By Team Kalkine Media

Highlights,ASX declined slightly, tracking global market trends,.,Mining and health sectors saw notable declines, while energy stocks performed better,.,APA Group (APA) gained after favorable regulatory updates,.,Australian shares experienced a modes...

 Is Treasury Wine Estates (ASX:TWE) the Next Big Opportunity in the Wine Industry?

Is Treasury Wine Estates (ASX:TWE) the Next Big Opportunity in the Wine Industry?

December 04, 2024 12:46 PM AEDT| By Team Kalkine Media

Highlights,Treasury Wine Estates (TWE) is set for growth, supported by strategic market re-entry,.,The company's luxury wine portfolio strengthens its global positioning,.,Projected earnings growth and dividends,indicate,strong potential returns,.,Tr...

 Former WA Premier Steps Away from Frontier Energy Chair Role

Former WA Premier Steps Away from Frontier Energy Chair Role

December 03, 2024 03:12 PM AEDT| By Team Kalkine Media

Highlights,Mark McGowan will not assume the non-executive chairman role at (FHE).,Scheduling conflicts cited as reason for his withdrawal from the position.,Frontier Energy remains focused on renewable projects, including the Waroona solar initiative...

 Collins Foods (ASX:CKF) Navigates Profit Challenges with Strategic Expansion

Collins Foods (ASX:CKF) Navigates Profit Challenges with Strategic Expansion

December 03, 2024 02:37 PM AEDT| By Team Kalkine Media

Highlights,Collins Foods (CKF) reports challenging first-half results for FY25,.,KFC Australia revenue showed growth, but profits faced pressure from inflation and costs,.,Plans include seven new restaurants by the end of FY25, signaling future expan...

 Star Entertainment Advances $200M Debt Facility with Key Milestone

Star Entertainment Advances $200M Debt Facility with Key Milestone

December 03, 2024 02:35 PM AEDT| By Team Kalkine Media

Highlights,Star Entertainment secures significant debt facility approval,.,First $100 million set for disbursement by early December,.,Treasury Casino sale boosts cash position after fees.,Star Entertainment Group (ASX:SGR) has announced a significan...

 Metcash (ASX: MTS) Shares Surge 6.9% Following Positive Half-Year Results and Citi Upgrade

Metcash (ASX: MTS) Shares Surge 6.9% Following Positive Half-Year Results and Citi Upgrade

December 03, 2024 02:27 PM AEDT| By Team Kalkine Media

Highlights,Metcash shares rise 6.9%, reaching A$3.410, their biggest gain since June 2023.,Citi upgrades Metcash to "Buy," with a target price increase to A$3.70.,Analysts see continued upside, with strong food business performance exceeding expectat...

 Collins Foods Ltd (ASX: CKF) Shares Fall After Disappointing Half-Year Results

Collins Foods Ltd (ASX: CKF) Shares Fall After Disappointing Half-Year Results

December 03, 2024 01:55 PM AEDT| By Team Kalkine Media

Highlights,Collins Foods sees its shares slide 8% in early trade following weak results.,Revenue up 1.2%, but profit drops 23.8% as inflation impacts margins.,Company lowers interim dividend by 12% to 11 cents per share.,Collins Foods Ltd (ASX:CKF),...

 KFC and Taco Bell Operator Struggles with Profit Decline Amid Economic Woes

KFC and Taco Bell Operator Struggles with Profit Decline Amid Economic Woes

December 03, 2024 01:53 PM AEDT| By Team Kalkine Media

Highlights,Collins Foods (CKF) faces significant profit challenges amidst economic pressures,.,Consumer spending on fast food declines due to rising living costs,.,Strategic measures include store expansions, renovations, and affordable meal deals,.,...

 Is Domino's Pizza Enterprises (ASX:DMP) Managing Debt Effectively?

Is Domino's Pizza Enterprises (ASX:DMP) Managing Debt Effectively?

December 03, 2024 01:27 PM AEDT| By Team Kalkine Media

Highlights,Domino's Pizza Enterprises (ASX:DMP) carries significant net debt with manageable leverage,.,The company's liabilities exceed its cash and short-term receivables by a,substantial,margin,.,While EBIT growth is steady, free cash flow generat...

 Woolworths Faces Financial Impact Amid Ongoing Industrial Strike

Woolworths Faces Financial Impact Amid Ongoing Industrial Strike

December 03, 2024 12:57 PM AEDT| By Team Kalkine Media

Highlights,Woolworths reports significant,financial impact,from,ongoing,strike,.,Industrial action affects distribution centers in two Australian states,.,Negotiations with,union,remain unresolved,over pay,demands,.,Supermarket leader Woolworths (ASX...

 How Stryda Brewing Co Is Redefining Beer for Younger Generations

How Stryda Brewing Co Is Redefining Beer for Younger Generations

December 03, 2024 12:55 PM AEDT| By Team Kalkine Media

Highlights,Stryda,Brewing Co leverages Nick Kyrgios’ influence to connect with Gen Z and Millennials,.,Expanding into whisky production and state-based taprooms amid ambitious growth plans,.,Targets lighter, low-alcohol beverages to redefine the main...

 Metcash Sees Biggest Share Surge in Years on Optimistic Outlook

Metcash Sees Biggest Share Surge in Years on Optimistic Outlook

December 03, 2024 11:59 AM AEDT| By Team Kalkine Media

Highlights,Metcash shares surge significantly, marking their best performance in three years,.,Upgraded outlook for the hardware unit contributes to the positive momentum,.,Shares rise over 6 percent, reaching the highest gain since late 2021,.,Metca...

 Tasfoods (ASX:TFL) Sells Betta Milk Plant in Strategic Move

Tasfoods (ASX:TFL) Sells Betta Milk Plant in Strategic Move

December 03, 2024 11:23 AM AEDT| By Team Kalkine Media

Highlights,Tasfoods,(TFL) sells Burnie-based Betta Milk plant for significant value,.,Proceeds,from the sale are,allocated,to debt repayment and corporate needs,.,Company shares remained steady following the announcement,.,Tasfoods (ASX:TFL), a well-...

 Metcash (ASX: MTS) Closes Green on Monday Driven by Healthy Half-Year Results Amid Sales Growth

Metcash (ASX: MTS) Closes Green on Monday Driven by Healthy Half-Year Results Amid Sales Growth

December 02, 2024 05:54 PM AEDT| By Team Kalkine Media

Key Highlights:,Metcash sees a notable 5% gain, reaching A$3.275, marking its highest point since October 24.,Reports HY NPAT of A$134.6 million, exceeding forecasts, with strong EBIT and sales growth.,Group sales up 8% in the first four weeks of H2,...

 Metcash’s Diversified Strategy Powers Growth Amid Hardware Challenges

Metcash’s Diversified Strategy Powers Growth Amid Hardware Challenges

December 02, 2024 01:03 PM AEDT| By Team Kalkine Media

Highlights,Metcash (MTS) shows mixed performance across its core segments for the first half of FY25,.,Food and liquor segments drive revenue growth despite hardware challenges,.,New distribution,centre,in Victoria positions Metcash for operational e...

 ASX Slips as Property Stocks Weigh; Star Entertainment Hits Record Low

ASX Slips as Property Stocks Weigh; Star Entertainment Hits Record Low

November 29, 2024 06:32 PM AEDT| By Team Kalkine Media

Highlights,ASX 200 Index drops 0.1%, with property stocks as the worst performers.,Webjet WEB shares surge 4.9% after strong earnings report.,Star Entertainment SGR hits a record low amid financial struggles.,The Australian share market experienced a...

 Star Entertainment Shares Plummet to Record Low Amid Financial Struggles

Star Entertainment Shares Plummet to Record Low Amid Financial Struggles

November 29, 2024 05:58 PM AEDT| By Team Kalkine Media

Highlights,Shares drop 5.1%,, hitting an all-time low of,AU$0.185,.,Q1 FY25 EBITDA loss,rises to,AU$18 million,, with,total loss for first four months,at,AU$27 million,.,Macquarie and Jefferies downgrade,the stock, citing concerns over long-term prof...

 Qatar Airways Secures Interim Approval for 25% Stake in Virgin Australia and New Flight Routes

Qatar Airways Secures Interim Approval for 25% Stake in Virgin Australia and New Flight Routes

November 29, 2024 05:57 PM AEDT| By Team Kalkine Media

Highlights,Qatar Airways granted interim approval,to acquire a,25% stake,in Virgin Australia.,New,return flights between Doha and major Australian cities,to start in,June 2025,.,Perth flights,set to begin in,November,.,Australia's competition watchdo...

 Webjet Faces Legal Action, ASX Hits Record Close, and Star Entertainment Scrutinized at AGM

Webjet Faces Legal Action, ASX Hits Record Close, and Star Entertainment Scrutinized at AGM

November 29, 2024 05:40 PM AEDT| By Team Kalkine Media

Highlights,The ACCC takes legal action against Webjet for,failing to disclose,additional,flight fees.,The ASX 200 hits a new record closing high, driven by IAG’s acquisition of RACQ’s insurance business.,Star Entertainment faces shareholder questions...

 Step One Clothing Limited (ASX:STP) Remains 63% Controlled by Insiders Following Recent Sales

Step One Clothing Limited (ASX:STP) Remains 63% Controlled by Insiders Following Recent Sales

November 29, 2024 03:57 PM AEDT| By Team Kalkine Media

Highlights:,Step One Clothing Limited is predominantly controlled by insiders, who hold around 63% of the company.,CEO Gregory Taylor is the largest shareholder, with a 59% stake in the company.,Institutional ownership is minimal, and hedge funds do...

AU_advertise

Advertise your brand on Kalkine Media

Recent Articles






Investing Tips

Previous Next
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.