Consumer

Star Group's share price stalls due to ongoing Sydney license uncertainty
February 19, 2024 04:18 PM AEDT| By Team Kalkine MediaThe Star Entertainment Group Ltd (,ASX: SGR,) found itself in a trading halt on Monday following concerning developments. The halt came after the company received correspondence from the NSW Independent Casino Commission (NICC) on 19 February 2024, i...

Jefferies increases price target of Wesfarmers (ASX: WES), gives hold rating
February 16, 2024 12:09 PM AEDT| By Team Kalkine MediaIn a recent development, Jefferies has raised the price target (PT) for Australian retail conglomerate Wesfarmers Ltd (,ASX: WES,) from AU$57.00 to AU$60.00 while retaining a "hold" rating. This article delves into the factors driving this PT hike an...

Own shares in Lovisa? Here's the results preview you need to check out
February 15, 2024 06:10 PM AEDT| By Team Kalkine MediaLovisa Holdings Ltd (,ASX: LOV,) is poised to draw attention when it unveils its FY24 half-year result, scheduled for release on 22 February 2024. As anticipation builds, let's delve into what the company might report.,ASX consumer stocks,, including...

Treasury Wine shares surge despite profit dip, awaiting China tariff relief.
February 15, 2024 06:01 PM AEDT| By Team Kalkine MediaThe Treasury Wine Estates Ltd (ASX: TWE) share price surged by 3.9% in early trade on Thursday, despite the company's release of half-year earnings results that showed a mixed performance.,ASX consumer stocks,, including Treasury Wine Estates Ltd, ar...

Treasury Wine (ASX: TWE) shares on rise on Thursday. Here’s why.
February 15, 2024 12:26 PM AEDT| By Team Kalkine MediaThe recent surge in shares of Treasury Wine Estates (,ASX: TWE,), which saw an impressive 5.1% jump to AU$11.63 during morning trading hours on 15 February2024 has caught investor’s attention. Delving into the details, it becomes evident that there's...

IDP Education stock soars 15% on strong first-half results.
February 14, 2024 07:56 PM AEDT| By Team Kalkine MediaOn Wednesday, the share price of IDP Education Ltd (,ASX: IEL,) demonstrated resilience amidst a broader market selloff, soaring by 15% to $23.33 in morning trade. This surge follows the release of the company's half-year results, which exceeded expe...

How Shelf Price Cuts Might Affect Stock Value
February 14, 2024 06:26 PM AEDT| By Team Kalkine MediaColes Group Ltd (,ASX: COL,) shares have experienced a decline of more than 10% over the past six months, signaling potential economic challenges for the ASX-listed supermarket chain, especially if consumer prices begin to fall.,In recent years, ther...

IDP Education’s (ASX: IEL) half-year net profit increased by 18%, shares jump
February 14, 2024 04:39 PM AEDT| By Team Kalkine MediaIDP Education (,ASX: IEL,), a prominent foreign student placement provider, has recently witnessed a remarkable surge in its stock, with shares jumping as much as 8.30% to AU$21.92 apiece on 14 February 2024. In this article, we will delve into the f...

Seek (ASX: SEK) shares trading in red on Tuesday. Detail’s here.
February 13, 2024 04:01 PM AEDT| By Team Kalkine MediaIn a surprising turn of events, the shares of Seek (,ASX: SEK,) have taken a nosedive, slumping as much as 13.3% to AU$23.26 on 13 February 2024. This article aims to delve into the intricacies of this market turmoil, exploring the factors contributi...

Breville (ASX: BRG) shares nosedive on half-yearly results
February 13, 2024 03:49 PM AEDT| By Team Kalkine MediaThe Breville Group Ltd (,ASX: BRG,) witnessed a significant downturn in its share price on 13 February 2024, plummeting by 13% to AU$23.72 during morning trading hours. This drastic drop followed the release of Breville's half-year results, unveiling...

Temple & Webster reports half-year revenue of $254 million, up by 23%.
February 13, 2024 02:34 PM AEDT| By Team Kalkine MediaTemple & Webster (,ASX : TPW,), the leading online retailer of furniture and homewares in Australia, has reported robust financial results for the half-year period ending in December. The company revealed a significant surge in revenue, reaching $254...

Aurizon's Share Price Surges on Half-Year Earnings Beat
February 12, 2024 07:06 PM AEDT| By Team Kalkine MediaOn Monday afternoon, the Aurizon Holdings Ltd (,ASX: AZJ,) share price saw a notable surge, rising by 3% to hit $3.87. This upward momentum follows the release of the rail freight operator's half-year results, which have garnered positive reactions f...

What’s driving Aurizon Holdings’ (ASX: AZJ) stock price on Monday?
February 12, 2024 05:37 PM AEDT| By Team Kalkine MediaIn the dynamic world of finance, few events capture attention like the substantial rise in shares. Aurizon Holdings (,ASX: AZJ,) shares closed 3.19% up, reaching AU$3.88 on 12 February 2024.,Key financial metrics,Aurizon Holdings has not only managed...

CAR Group (ASX: CAR) shares dip on half yearly results
February 12, 2024 05:04 PM AEDT| By Team Kalkine MediaThe auto listings company, CAR Group (,ASX: CAR,), recently faced a dip of 0.5% on 12 February 2024, bringing its shares to AU$33.31 in early trade. This shift followed the release of the company's half-year results, signaling potential volatility in...

JB hi-Fi (ASX: JBH) reports nearly 20% drop in net profit in 1HFY24, shares jump
February 12, 2024 05:03 PM AEDT| By Team Kalkine MediaJB Hi-Fi (,ASX: JBH,) witnessed an impressive 5.3% jump in its share price to AU$59.57 on 12 February 2024. The surge in JB Hi-Fi's shares prompts a closer look at its financial performance. In the first half (HY), the consumer electronics giant post...

News Corporation (ASX: NSW) records 95% increase in net income, 15.6% growth in EBITDA in Dec quarter
February 08, 2024 01:11 PM AEDT| By Team Kalkine MediaInvestors are buzzing as News Corporation's (,ASX: NWS,) shares experience an impressive surge, reaching a 52-week high of AU$43.10 in morning trade on Thursday. This sudden upswing follows the release of the media giant's second-quarter results, sho...

Amcor (ASX: AMC) reveals half-year results, shares up
February 07, 2024 04:09 PM AEDT| By Team Kalkine MediaIn a surprising turn of events, The Amcor (,ASX: AMC,) share price experienced a 1.19% surge on Wednesday morning, reaching AU$14.49 apiece. This upward momentum follows the release of the packaging giant's half-year update, unveiling key financial f...

Why are Metcash (ASX: MTS) shares making headlines today?
February 06, 2024 05:56 PM AEDT| By Team Kalkine MediaIn the dynamic landscape of financial markets, the recent downturn in the shares of Australian supermarket wholesaler Metcash Ltd (,ASX: MTS,) has sparked considerable attention. This article delves into the key developments, market reactions, and th...

Metcash (ASX: MTS) shares on investor’s radar. Here’s why.
February 05, 2024 01:39 PM AEDT| By Team Kalkine MediaIn the ever-evolving world of business, Metcash Ltd (ASX: MTS) has taken significant strides by entering binding agreements to acquire three strategically aligned businesses. This article unravels the details behind the scenes, shedding light on the...

Bapcor Ltd (ASX: BAP) Share Price Surge Amid Leadership Changes
February 01, 2024 05:50 PM AEDT| By Team Kalkine MediaBapcor Ltd (,ASX: BAP,) experienced a noteworthy surge in its share price, standing tall within the S&P/ASX 200 Index (ASX: XJO). As of the last trading session, the auto parts company's shares closed at AU$5.64, demonstrating a resilient performance...

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