The Rise of Online Retail Shopping Amid COVID-19 And 4 Related NZX Stocks

• 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 ...

• February 12, 2021 05:44 PM NZDT
• Kunal Sawhney

Kathmandu Holdings Limited (NZX:KMD) revealed its unaudited trading update for the period of 6 months closed 31 January 2021.  The Company is reaping results of its diversification plan, which is reflected in terms of operating profit. There ...

• February 04, 2021 05:07 PM NZDT
• Team Kalkine

Summary The Warehouse Group announced to pay a special dividend of 5 cents per share due to stronger trading performance than expected during Christmas. This led WHS’s shares to witness an uptick of ~2%, trading at $3.17 at the time of wr...

• February 04, 2021 12:20 AM NZDT
• Mark O'Donnell

Summary The overall NZ retail sector remains strong despite challenges presented by Covid. Spending is approximate to pre-pandemic levels now. Briscoe has gone from strength to strength. Early indicators suggest 2021 will be as good as 2020 for...

• January 29, 2021 02:47 PM NZDT
• Team Kalkine

Summary Restaurant Brands total sales for Q4 increased mainly after the inclusion of trading for the California acquisition. Total sales for Q4 after excluding the California acquisition were up 7.4% on pcp due to strong same store sales growth...

• January 20, 2021 02:36 PM NZDT
• Hina Chowdhary

Summary In April 2020, Kathmandu swiftly responded to coronavirus situation and raised $207 million of equity to solidify its balance sheet. The Company’s aim is to attain as many of the sustainability goals stated by the United Nations a...

• December 16, 2020 04:55 PM NZDT
• Team Kalkine

The Commerce Commission has issued an official warning to Noel Leeming, a retail chain for making delivery representations of 2 products, for which the retailer did not have reasonable grounds during the coronavirus period. Noel Leeming is a leading...

• December 12, 2020 01:14 AM NZDT
• Hina Chowdhary

Summary Michael Hill International shares rose almost 8% on 10 December after the Company announced strong sales and margin performance for Q1 FY21. Michael Hill's same-store sales were up 7.9%, and margin growth stood at about 200 bps against ...

• December 11, 2020 05:16 PM NZDT
• Kunal Sawhney

The directors of Briscoe Group Limited (NZX:BGP) announced that they would pay its shareholders a special fully imputed dividend of 6 cents per share. The dividend would be provided in NZ dollars. Incorporated in New Zealand and registered in Austra...

• November 30, 2020 04:46 PM NZDT
• Team Kalkine

Summary The CEO of Kathmandu Holdings Xavier Simonet has resigned from his position after serving the organisation for five years. He is serving the notice period of six months and would join Austrade as CEO. On 30 November 2020, Kathmandu...