Retail
Tegel Group Holdings Indicated for Approval from Overseas Investment Office on Bounty’s Takeover Offer
September 24, 2018 08:03 AM AEST| By Team Kalkine MediaOn May 28, 2018, Bounty Holdings New Zealand Limited initiated the takeover offer. This offer was for Tegel Group Holdings. However, on September 24, 2018, Tegel Holdings issued a press release which stated that the approval has been given from Overs...
Shaver Shop aims to push up profit margins by the launch of new hair styling brand ‘Flair’ in 2QFY19
September 24, 2018 05:57 AM AEST| By Team Kalkine MediaASX listed grooming products retailer Shaver Shop has been trying to gain traction in female category product line. In order to provide thrust to its profit margins, Shaver Shop is moving ahead with the introduction of private label products under it...
Myer Holdings Limited: A Good Buy or A Good Bye?
September 24, 2018 05:24 AM AEST| By Team Kalkine MediaMyer Holdings Limited (ASX:MYR) witnessed a positive momentum in September 2018. The primary reasons for the strong performance in the company?s shares could be the company?s unexpected results coupled with the new strategy adopted by the company?s t...
Aventus Retail Property Fund (ASX: AVN)- Announces Distribution For First Quarter Of FY19
September 21, 2018 07:26 AM AEST| By Team Kalkine MediaAfter announcing lower FY18 profit last month, Aventus Retail Property Fund (ASX: AVN) declared distribution for the first three months ended in FY19 period to 30 September 2018. The Board of Directors declared 4.09 cents per security with the distri...
Premier Investment Limited (ASX: PMV)- Stock plunged on lower net profit after tax for FY18
September 20, 2018 08:50 AM AEST| By Team Kalkine MediaPremier Investment Limited (ASX: PMV) today announced fiscal 2018 results, posting 9.2% growth in underlying net profit before tax to $160.3 million, including premier retail contribution of $150.1 million EBIT, up 10.3% on previous year. However, af...
Synlait Milk Limited’s (ASX: SM1) Stock Plunged On ASX Despite The Positive FY18 Earnings
September 20, 2018 06:57 AM AEST| By Team Kalkine MediaOn 19 September 2018, Synlait Milk Limited (ASX: SM1) announced its annual result for FY2018 for the year-end 31 July 2018. The company?s earned revenue of $879 million which is around $120.0 million higher than previous year revenue of $758.994 mill...
Latest with these Supermarket Giants - Woolworths and Coles raise the milk prices
September 20, 2018 06:30 AM AEST| By Team Kalkine MediaLifting the price of milk to help farmers: Woolworths Group Ltd (ASX: WOW) has made the decision to raise the price of house brand three-litre milk by 30? to $3.30 at all stores nationwide to support the drought stricken dairy farmers. The levy of 3...
One Retailer That Gets Knocked Down Post Every Significant Rise - Myer Holdings
September 19, 2018 04:57 AM AEST| By Team Kalkine MediaMyer Holdings Limited (ASX: MYR) is in the business of operating departmental stores in Australia. Company?s product range includes men?s wear, women?s wear, children?s wear, cosmetics, apparels, toys, electrical goods and general merchandise. The r...
KMD’s FY18 Net Profit Soars up by 32.9 Percent
September 18, 2018 09:14 AM AEST| By Team Kalkine MediaKathmandu Holdings Limited (ASX: KMD) recently announced its financial results for the year end 30 June 2018. Due to improved promotional executions and enhanced in-store customer experience, the total sales of the Company increased by 11.7% from NZD...
2 Retail Stocks with higher insider interests
September 14, 2018 09:44 AM AEST| By Team Kalkine MediaHarvey Norman Holdings Limited (ASX: HVN) - At a huge discount to reduce debt and fund a major push overseas, Harvey Norman plans to raise $164 million in new capital, as earnings from its core franchise business in Australia has come under pressure....
Greencross Limited Vs Amazon
September 13, 2018 05:55 PM AEST| By Team Kalkine MediaGreencross Limited (ASX: GXL), the largest pet care business in Australia might witness none other than Amazon entering the space. The stock has gone into downward spiral and made fresh 52 weeks low after the news broke out. As the largest online ret...
Myer Holdings’ stock nosedived on $486 million loss
September 12, 2018 04:32 AM AEST| By Team Kalkine MediaMyer Holdings? share price plunged 5.287% to $0.412 today, i.e. 12 September 2018 (1:21 PM AEST), after the company announced disappointing results for the 52 weeks to 28 July 2018. In FY18 Net Profit after tax of the company has been dragged down t...
Woolworths hit with $100 million payout to aggrieved shareholders
September 11, 2018 09:15 AM AEST| By Team Kalkine MediaWoolworths Group Limited (ASX:WOW) is slammed with $100 million class action on the allegation that supermarket giant has failed to disclose a shock profit downgrade to its profit outlook in 2015 that has seen plunge in the value of the shareholder?s...
Stealth Global Holdings Limited to list on ASX
September 10, 2018 09:01 AM AEST| By Team Kalkine MediaStealth is an international distribution group founded in Perth in 2014. The company supplies healthcare, safety, industrial and workplace consumable products to business customers. It serves multiple industry sectors, but the special focus is on res...
Harvey Norman offers new shares below the ‘crazy’ price of $4
September 07, 2018 06:09 AM AEST| By Team Kalkine MediaHarvey Norman (ASX:HVN) wants shareholders to tip in $163.85 million but following the announcement of right issue, the company?s stock continues moving down. After massively falling 4.509% on the day of announcement, Harvey Norman?s stock sunk 0.144...
Cost-cuts couldn’t help Metcash enough: Analyst
September 05, 2018 03:26 PM AEST| By Team Kalkine MediaMetcash is an Australia?s leading wholesaler of grocery, food, liquor and other fast-moving consumer goods. The independent food retailer is undergoing margin pressure on getting squeezed by big chains like Woolworths and Coles as these supermarket g...
Freedom Food’s stock soar on higher profit
September 03, 2018 04:07 AM AEST| By Team Kalkine MediaFreedom Food?s FY18 statutory net profit increased 68.7% to $12.7 million on the launch of 70 new product formats including A2 protein milk variants. Annual net sales increased to $353 million, up 34.5% on FY17, in which dairy segment has been the pr...
Retailer Harvey Norman profit crashed to $375.38 million
September 03, 2018 03:56 AM AEST| By Team Kalkine MediaHarvey Norman Holdings Limited?s profit after tax fell 16.4% to $375.38 million due to massive decline in franchise operation and property segment for the year ended 30 June 2018. Earnings before interest and tax decreased to $556.52 million, down 15...
Myer Holdings Limited (ASX: MYR)- Myer cuts 30 senior management and executive roles
August 31, 2018 01:45 PM AEST| By Team Kalkine MediaAustralian departmental store removed 30 positions from company?s executive and senior management team in a bid to reduce cost and strengthen earnings with strong consumer base. The cut comes under the leadership of new CEO John King who took up the...
Retail Food Group Limited (ASX: RFG)- Retail Food Group hit $306.7 million loss
August 31, 2018 07:07 AM AEST| By Team Kalkine MediaFood Franchisor Retail Food Group plunged to $306.7 million loss in financial year 2018 after booking $402.9 million expenses in relation to stores closure, restructuring costs and impairment of assets. The operator of Gloria Jean?s and Donut King f...
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