Consumer

Australian Market Sees Marginal Decline Amid Global Uncertainty
December 06, 2024 11:40 AM AEDT| By Team Kalkine MediaHighlights,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?
December 04, 2024 12:46 PM AEDT| By Team Kalkine MediaHighlights,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
December 03, 2024 03:12 PM AEDT| By Team Kalkine MediaHighlights,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
December 03, 2024 02:37 PM AEDT| By Team Kalkine MediaHighlights,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
December 03, 2024 02:35 PM AEDT| By Team Kalkine MediaHighlights,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
December 03, 2024 02:27 PM AEDT| By Team Kalkine MediaHighlights,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
December 03, 2024 01:55 PM AEDT| By Team Kalkine MediaHighlights,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
December 03, 2024 01:53 PM AEDT| By Team Kalkine MediaHighlights,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?
December 03, 2024 01:27 PM AEDT| By Team Kalkine MediaHighlights,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
December 03, 2024 12:57 PM AEDT| By Team Kalkine MediaHighlights,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
December 03, 2024 12:55 PM AEDT| By Team Kalkine MediaHighlights,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
December 03, 2024 11:59 AM AEDT| By Team Kalkine MediaHighlights,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
December 03, 2024 11:23 AM AEDT| By Team Kalkine MediaHighlights,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
December 02, 2024 05:54 PM AEDT| By Team Kalkine MediaKey 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
December 02, 2024 01:03 PM AEDT| By Team Kalkine MediaHighlights,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
November 29, 2024 06:32 PM AEDT| By Team Kalkine MediaHighlights,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
November 29, 2024 05:58 PM AEDT| By Team Kalkine MediaHighlights,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
November 29, 2024 05:57 PM AEDT| By Team Kalkine MediaHighlights,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
November 29, 2024 05:40 PM AEDT| By Team Kalkine MediaHighlights,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
November 29, 2024 03:57 PM AEDT| By Team Kalkine MediaHighlights:,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...

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