3 Australian retail stocks to look for in April - PMV, ADH, WES

• March 21, 2021 12:28 AM AEDT
• Sukriti

housing and grocery whereas online sales may continue to grow.  Recessions typically spell bad news for the consumer-exposed industry. However, economic boost through government cash handouts, spike in online retail activity and a resilient...

• March 16, 2021 03:50 PM AEDT
• Tribhuwan

Source:ESB Professional, Shutterstock Supermarkets, hardware, and liquor stores witnessed a strong level of demand during the pandemic lockdowns. The companies operating in these businesses have reported significant surge in sales and earnings over ...

• March 14, 2021 01:29 PM AEDT
• Team Kalkine

Source: JomNicha, Shutterstock The month of February saw a mixed response from the market in the retail segment of the stocks listed on the ASX. Factors like surging Australian dollar, current advancements in COVID-19 vaccine and robust and planned...

• March 11, 2021 06:06 PM AEDT
• Aayush

Source: Makistock, Shutterstock Summary The repeat sales are highly beneficial for recurring revenue in the retail sector. Woolworths is focused on improving end-to-end process efficiency (including COVID costs). Coles is a $20.5 billion reta...

• March 09, 2021 01:09 PM AEDT
• Team Kalkine

Source: Massimiliano Agati,Shutterstock Summary Digital Wine’s WINEDEPOT witnessed a massive month-on-month growth of 931% in the total cases shipped during February 2021. Over 9,494 orders were processed during the month, reflectin...

• March 09, 2021 12:00 AM AEDT
• Tribhuwan

Source: create jobs 51, Shutterstock Summary Earnings season was strong, and companies have reported strong results, stemming from topline growth and a conservative cost approach. Dividends have indeed recovered, and earnings recovery is likely...

• March 07, 2021 01:00 AM AEDT
• Team Kalkine

Source: Shuang Li, Shutterstock ASX 200-listed Woolworths Group Limited (ASX:WOW) will be opening up a new ‘dark store’ in Queensland in December this year. Spanning nearly 10,000 square metres, this outlet would be the first of its kind...

• March 04, 2021 11:28 AM AEDT
• Tribhuwan

Source:Pressmaster,Shuttrtstock Summary Myer has reported first-half profit as rental waivers and JobKeeper support lowered its cost of doing business.  The company is focused on its turnaround strategy, which is centred around the Custom...

• March 03, 2021 03:59 PM AEDT
• Mark O'Donnell

Source:Mihai_Andritoiu,Shutterstock The retail activism on the US stock exchanges has continued into March as well. It all started with GameStop Corp (NYSE:GME) in January but has not stopped there. Source: © Brodogg1313 | Megapixl.com The ...

• March 01, 2021 11:32 AM AEDT
• Team Kalkine

Source:Thampapon,Shutterstock Summary Harvey Norman reported a record half-year result, with 113.8% increase in PBT. The company opened 12 new stores during H1, earlier than anticipated. HVN maintained a strong balance sheet and announced an ...