How will these 4 retail stocks fare amid new Omicron wave?

As the market participants are aware, the outbreak of the COVID-19 pandemic impacted numerous companies and organisations. The lockdowns which were announced adversely affected the operations of several companies. However, now some companies could de...

Highlights Kiwi shoppers have been on a spending spree for last many days. Core retail merchants handled $696 million in transactions in the week to 4 January. The last week of spending for 2021 was a solid close to a year marked by border clo...

Highlights Hallenstein Glasson Holdings had organised a hybrid Annual Meeting for its shareholders.  The management emphasised on its strong FY21 performance and assured on continued focus on enhancing value f...

The latest report of Stats NZ has revealed the broadening of the country’s current account deficit to NZ$4.8 billion, owing to a rise in imports, for the quarter ended September 2021. In the said quarter, NZ’s current account deficit g...

Highlights Total retail card spending increased 9.6% in November amid Black Friday promotions and the upcoming Christmas season. Turners Automotive reported a 26% increase in its NPAT for H1 FY22. Hallenstein will pay a final dividend of 24cp...

Highlights The country’s retail sector was impacted by recent restrictions and lockdowns across NZ. Kathmandu Holdings appoints a new auditor, KPMG, for next year. Hallenstein Glasson Holdings to pay 24.0 cps as a dividend on 17 December...

Highlights Retailers await Christmas as they see the highest sales this season. Briscoe Group delivered strong sales for the 39-week period ended 31 October 2021. HLG reported that its sales increased 21.9% on pcp to $350.76 million for the ye...

Highlights Stats NZ statistics revealed on Thursday that NZ reported ­a trade deficit of $6.3 billion in the September quarter. Michael Hill posted strong same store sales growth and increased its margins in FY21. The Warehouse Group deliv...

Highlights A new pricing site has revealed that some discounts in Black Friday sales may be broken deals. The Warehouse Group’s Q1 FY22 sales were impacted due to the COVID-19 pandemic. Hallenstein Glasson declared a final dividend of 24...

Highlights  The monthly value of goods imports rose 26% in October 2021 to $6.6 billion, as per Stats NZ. WHS will pay a final dividend of 17.5cps on 3 December due to its strong performance in FY21. Kathmandu Holdings reported a 15.1% ri...