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Consumer
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...
Challenges Loom for Star Entertainment as Liquidity Concerns Rise
November 29, 2024 01:47 PM AEDT| By Team Kalkine MediaHighlights,Star Entertainment (SGR) faces liquidity challenges following a significant loss,.,Shareholders,raise,concerns during the recent AGM,.,Analysts express caution over earnings visibility and cash position.,Star Entertainment (ASX:SGR), a pro...
Transforming the Cobalt Industry: Milestones and Future Path for (ASX:COB)
November 29, 2024 12:13 PM AEDT| By Team Kalkine MediaHighlights,Cobalt Blue achieved significant milestones, including a partnership with Iwatani Corporation.,Progress,on,the Kwinana Cobalt Refinery sets,a strong foundation,for midstream cobalt production.,Strategic focus on a high-margin approach and...
Domino’s Shares Down 80% From Peak, What's Happening?
November 29, 2024 11:35 AM AEDT| By Team Kalkine MediaHighlights,Sharp Decline:,Domino's Pizza Enterprises shares have fallen 40% in the past year and 80% since September 2021.,Turnaround Potential:,Goldman Sachs sees new CEO leadership and strategic changes as catalysts for recovery.,Attractive Valuati...
Metcash 1H25 Results: Analysts Predict 5% NPAT Decline Amid Market Headwinds
November 29, 2024 11:23 AM AEDT| By Team Kalkine MediaHighlights,Projected NPAT Decline:,Citi forecasts Metcash’s 1H25 NPAT at AU$134 million, down 5% year-over-year.,Sector Challenges:,Declining trends in hardware and liquor markets, along with slowing price growth, weigh on revenues.,Stock Outlook:,Ci...
Select Harvests Returns to Profitability with Over $1 Million Net Profit
November 29, 2024 11:18 AM AEDT| By Team Kalkine MediaHighlights,Select Harvests rebounds with net profit after a challenging FY23,.,Strong earnings before interest, tax, depreciation, and amortization recorded,.,No final dividend announced for FY24,.,Australia-based almond producer Select Harvests (ASX...
Shareholder Strike: A Setback for Star Entertainment (ASX:SGR)
November 28, 2024 03:00 PM AEDT| By Team Kalkine MediaHighlights,Star Entertainment faces first shareholder strike on,remuneration,plan.,Over 44 per cent of shareholders opposed the company's pay proposal.,New CEO,seeks,to rebuild trust amid ongoing business transformation.,Star Entertainment (ASX:SGR),...
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