Consumer
Webjet Shares Slide Following First Post-Demerger Results
November 26, 2024 12:07 PM AEDT| By Team Kalkine MediaHighlights,Webjet shares fell 2% to 82.5 cents after half-year results were released.,Bookings, total transaction value (TTV), and revenue declined due to tough economic conditions.,Net profit after tax rose 2.2%, driven by a focus on higher-margin p...
Endeavour Group (ASX:EDV) Explores New Technology for Gaming Machines in Victoria
November 26, 2024 11:16 AM AEDT| By Team Kalkine MediaHighlights,Endeavour Group plans a trial of electronic gaming technology in Victoria by 2025.,Focuses on harm,minimisation,and compliance with government regulations.,Engages in discussions with authorities for anti-money laundering and harm reductio...
Exploring Challenges and Opportunities for Experience Co. (ASX:EXP)
November 26, 2024 11:09 AM AEDT| By Team Kalkine MediaHighlights,Experience Co. faces challenges from economic conditions and weather impacts,.,The company is diversifying beyond skydiving into adventure experiences,.,Visitor recovery,remains,key for revenue growth amid global uncertainties,.,Experience...
Treasury Wine Estates (ASX:TWE) Sees Hopeful Signs Amid Long-Term Challenges
November 25, 2024 04:09 PM AEDT| By Team Kalkine MediaHighlights,Treasury Wine Estates,experiences,a 4.3% rise in stock value over the past week,.,The company's earnings per share and share price have declined over the past five years,.,Dividends contributed positively to total shareholder return despit...
LiveHire Shares Surge 66% Following $0.045 Per Share Takeover Bid by Humanforce
November 25, 2024 01:31 PM AEDT| By Team Kalkine MediaHighlights,Share Price Surge,:,LiveHire,shares,jumped nearly 66%,after an announcement of an,all-cash, unconditional takeover offer,by,Humanforce Holdings,.,Takeover Offer,: Humanforce, which already holds,87.76%,of LiveHire shares, is offering,$0.04...
Streamplay Expands Global Gaming Presence with Acquisition of Noodlecake Studios
November 25, 2024 01:25 PM AEDT| By Team Kalkine MediaHighlights,Acquisition,: Streamplay has signed a binding Share Sale Agreement to acquire 100% of Noodlecake Studios, a profitable North American indie gaming company.,Financials,: Noodlecake has achieved over 270 million downloads and generated AU$42...
SG Fleet Confirms AU$1.2Bn Takeover Proposal from Pacific Equity Partners
November 25, 2024 12:17 PM AEDT| By Team Kalkine MediaHighlights,Takeover Proposal,: Pacific Equity Partners (PEP) offers AU$3.50 per share, valuing SG Fleet at AU$1.2 billion.,Exclusivity Period,: SG Fleet grants PEP exclusivity for due diligence until November 29.,Market Reaction,: SG Fleet shares jum...
Citi Raises Price Target for A2 Milk, Highlights Growth Opportunities and Dividend Policy
November 25, 2024 11:28 AM AEDT| By Team Kalkine MediaHighlights,Price Target Increased,: Citi raises A2 Milk’s (price target by 2% to AU$7.15, maintaining a "Buy" rating.,Improved Forecasts,: FY25 revenue growth revised to 7% (from 5.6%), with a 1% increase in NPAT estimates.,Growth Catalysts,: Key dri...
Forbidden Foods (ASX:FFF) Secures Major Retail Deal with Woolworths for New Protein Drink
November 22, 2024 07:07 PM AEDT| By Team Kalkine MediaHighlights:,Forbidden Foods FFF secures agreement with Woolworths WOW to stock new protein drink.,OMG product will be available in 456 Woolworths and Metro stores nationwide.,Further negotiations underway with other major retail groups for expanded d...
Lovisa’s Sales Growth Drives Global Expansion and Stock Momentum
November 22, 2024 05:57 PM AEDT| By Team Kalkine MediaHighlights,Lovisa shares,gain,amid strong sales growth.,Total sales,rise,significantly in the current fiscal year.,Expansion continues with new markets and stores added.,Amid economic challenges and rising cost-of-living pressures, discretionary spen...
Domino’s and Endeavour Group: Consumer Discretionary Gems?
November 22, 2024 05:56 PM AEDT| By Team Kalkine MediaHighlights,Premium valuations challenge the appeal of retailers like Wesfarmers and Guzman y Gomez.,Endeavour Group and Domino’s Pizza appear undervalued with potential for growth.,Guzman y Gomez and Wesfarmers face hurdles with steep price-to-earnin...
Weekly Highlights: Key Updates from ASX Companies and Global Trends
November 22, 2024 05:21 PM AEDT| By Team Kalkine MediaHighlights,Webjet's travel arm delays reporting amidst controversy.,Sayona Mining announces merger with Piedmont Lithium.,Pancontinental Energy,anticipates,a pivotal deal with Woodside.,Webjet’s B2B travel division, Webjet Travel Group (ASX:WEB), too...
Duratec Issues Positive FY25 Financial Guidance with Revenue Growth Expected
November 22, 2024 05:02 PM AEDT| By Team Kalkine MediaHighlights,FY25 Revenue Forecast:,Expected between,$600 million and $640 million,, up from $555.8 million in FY24.,EBITDA Growth:,Projected at,$52 million to $56 million,, compared to $47.6 million in FY24.,Strong Orderbook and Pipeline:,$409 million...
Holiday Season Warning: Cybersecurity Risks in Australia’s Consumer Discretionary Sector Exposed
November 22, 2024 04:41 PM AEDT| By Team Kalkine MediaHighlights,Consumer Discretionary Sector Vulnerable:,ASX 200 report ranks the sector as second-worst in cybersecurity readiness, with Webjet and JB Hi-Fi among those at risk.,Widespread Website Weaknesses:,All companies in the sector showed website v...
Adore Beauty Plans National Expansion with Over 25 New Stores
November 22, 2024 04:39 PM AEDT| By Team Kalkine MediaHighlights,Adore Beauty aims to,establish,over 25 physical stores across Australia,.,The company targets higher sales growth and improved margins,.,Expansion includes a focus on premium metro and regional locations,.,Adore Beauty (ASX:ABY), a promine...
Kogan.com (ASX:KGN) Faces Shareholder Backlash Amid Trading Update
November 22, 2024 03:40 PM AEDT| By Team Kalkine MediaHighlights,Shareholders raise concerns over executive payouts at Kogan.com,.,Director James,Spenceley,faces opposition in re-election vote,.,Trading update reveals promising growth in sales for the online retailer,.,Kogan.com (ASX:KGN) experienced si...
Origin Energy Ownership Structure Reveals Key Stakeholders
November 22, 2024 12:21 PM AEDT| By Team Kalkine MediaHighlights,Individual investors hold the largest stake in Origin Energy Limited,.,Institutional investors own,a significant portion,of the company's shares,.,Insiders own a smaller percentage of the company's stock,.,The ownership structure of Origin...
Closing Bell: Retail Stocks Fall After Accent AGM, and Gold Rise
November 21, 2024 05:26 PM AEDT| By Team Kalkine MediaHighlights:,The ASX ended Thursday marginally lower by 0.04%, reversing earlier gains as market direction remained uncertain.,The discretionary sector saw a notable decline, particularly following disappointing earnings reports from companies like Ac...
IDP Education Shares Hit Four-Year Low, What's Happening?
November 21, 2024 03:49 PM AEDT| By Team Kalkine MediaHighlights,Shares down 68%,: IDP Education’s stock has fallen sharply, reaching its lowest point in four years.,Goldman Sachs remains bullish,: Despite the decline, Goldman Sachs maintains a "buy" rating and a $19.00 price target, forecasting a 54% u...
Forbidden Foods Expands OMG Range and Eyes Netball Sponsorship for Growth
November 21, 2024 11:38 AM AEDT| By Team Kalkine MediaHighlights,Forbidden Foods expands OMG products to over 450 Woolworths stores,.,Sales rise by 44% month-over-month in October to $360,000,.,The company targets brand exposure through a Melbourne Mavericks sponsorship,.,Forbidden Foods (ASX:FFF) has a...
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