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Retail
ASX Retail Giants Dip on Ex-Dividend Day: Coles, Wesfarmers, and Woolworths Shares Slide
September 03, 2024 11:25 AM AEST| By Team Kalkine MediaDespite the broader market trending slightly lower on Tuesday, some of Australia’s top retail stocks—Coles Group Ltd (ASX:COL), Wesfarmers Ltd (ASX:WES), and Woolworths Group Ltd (ASX:WOW)—are experiencing more significant declines. At the time of wr...
Harvey Norman Shares Plunge 6.5% on Disappointing Earnings and Sales Decline
August 30, 2024 02:59 PM AEST| By Team Kalkine MediaShares of Australian furniture and electronics retailer Harvey Norman Holdings Ltd (ASX:HVN) dropped as much as 6.5% to AU$4.57 on Friday, marking their steepest intraday decline since June 26. This sell-off brings the stock to its lowest level since...
Mighty Craft Creditors Face Near Total Loss in Administration Outcome
August 29, 2024 04:06 PM AEST| By Team Kalkine MediaUnsecured creditors of the collapsed beer and spirits group Mighty Craft are facing a significant loss, with administrators indicating that the best possible recovery could be less than 1¢ for every dollar owed. Ankura, the administrators overseeing...
Brett Blundy Sells Significant Stake in Accent Group to Frasers Group
August 28, 2024 11:03 AM AEST| By Team Kalkine MediaRetail billionaire Brett Blundy,has divested his entire shareholding in ASX-listed Accent Group (ASX: AX1), the parent company behind the Hype DC and Platypus chains. The sale was executed through a block trade, with Blundy’s 14.7% stake in the compa...
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Guzman y Gomez Experiences Strong Growth Amidst Market Challenges
August 27, 2024 12:01 PM AEST| By Team Kalkine MediaGuzman y Gomez (ASX:GYG) has made a notable start to the new financial year, achieving an impressive 7.4% increase in same-store sales growth in Australia over the first seven weeks. This performance surpasses initial expectations, signaling a robust...
Endeavour Group Ltd (ASX: EDV) Faces Pressure Despite FY 2024 Growth
August 26, 2024 12:10 PM AEST| By Team Kalkine MediaThe Endeavour Group Ltd,(ASX: EDV),share price has come under pressure this Monday morning, falling by 2.5% to $5.39. This decline follows the release of the company's full-year results, which did not meet analyst profit expectations.,FY 2024 Results...
Accent Group Ltd (ASX: AX1) FY24 Financial Results
August 23, 2024 11:33 AM AEST| By Team Kalkine MediaAccent Group Ltd (ASX: AX1),has experienced a 10% decline in its share price following the release of its FY24 financial results.,Company Overview,Accent Group is known for its diverse portfolio of shoe brands, including Skechers, Hoka, and Vans. The...
Super Retail Group (ASX: SUL) Hits All-Time Highs After Strong FY24 Results and Special Dividend Announcement
August 23, 2024 09:42 AM AEST| By Team Kalkine MediaSuper Retail Group (ASX: SUL) saw its shares soar to record levels on Thursday, following the release of its solid FY24 financial results, which included an unexpected special dividend of 50 cents per share.,FY24 Earnings Overview,Gross Sales:,Increa...
Australian Shares Rally as U.S. Retail Data Eases Recession Concerns
August 16, 2024 12:12 PM AEST| By Team Kalkine MediaAustralian shares surged in a broad-based rally on Friday, bolstered by strong gains on Wall Street following robust U.S. retail sales data. The positive data helped alleviate concerns about an imminent recession in the world's largest economy, spark...
Wesfarmers (ASX:WES) Hits Record High as Shares Continue to Outpace the Market
August 16, 2024 11:59 AM AEST| By Team Kalkine MediaWesfarmers Ltd (ASX:WES),continues to assert its dominance in the retail sector, with its shares reaching new heights this week. The stock settled at an all-time high of AU$74.79 per share on Thursday, marking the highest closing price since the comp...
Domino’s Pizza (ASX: DMP) Appoints CEO’s Sister as New Local Head
August 16, 2024 11:40 AM AEST| By Team Kalkine MediaHeadlines:,New Leadership Appointment:,Kerri Hayman, sister of Domino’s Pizza Enterprises (ASX: DMP) CEO Don Meij, has been named as the new head of the company’s operations in Australia and New Zealand. Hayman, who brings 36 years of experience with...
Domino's Pizza Inc (ASX:DMP) Faces Pressure Over Australian Operations and Local Leadership
August 07, 2024 10:33 AM AEST| By Team Kalkine MediaHighlights:,M,anagement,and Financial Pressure,:,Domino’s Pizza Inc faces growing pressure over its Australian operations led by Don,Meij,, with fund managers questioning the need for a management shake-up and,possible capital,raising due to the comp...
Retail Sector Rout Hits ASX as Recession Concerns Intensify
August 02, 2024 11:33 PM AEST| By Team Kalkine MediaOn Friday, the Australian Securities Exchange (ASX) saw a notable decline. The S&P/ASX 200 Index (ASX: XJO) dropped by 171.5 points, or 2.1%, closing at 7943.20, after reaching a record high of 8114.7 the day before. The All Ords Index (ASX: AORD) al...
This ASX Stock Projects a 10% Dividend Yield
July 29, 2024 12:22 PM AEST| By Team Kalkine MediaHeadlines:,High,Dividend Yields,:,Accent Group Ltd (ASX: AX1) is expected to offer,substantial,dividend returns, with estimates,indicating,a fully franked yield of 7.2% for FY25 and a grossed-up yield of up to 12.8% by FY28.,Strong,Retail Performance...
JB Hi-Fi (ASX: JBH) gains 22% Year-to-Date- Here’s Why?
July 23, 2024 04:54 PM AEST| By Team Kalkine MediaJB Hi-Fi Ltd (,ASX: JBH,), a prominent player in the Australian retail sector, has garnered attention from analysts as its shares have surged 22.37% since the beginning of 2024, outpacing the broader S&P/ASX 200 Index's 4.61% gain. Amidst this robust...
Discover the ASX Retail Stock with Growth Potential
July 19, 2024 12:20 PM AEST| By Team Kalkine MediaNick Scali Limited,(,ASX: NCK,),presents a compelling case for those looking to invest in the retail sector, with significant potential for both capital appreciation and dividend income. The company, which operates under the Nick Scali and Plush bran...
Why Did ASX Retail Shares Thrive Amidst a Cost-of-Living Crisis?
July 12, 2024 03:36 PM AEST| By Team Kalkine MediaIn fiscal year 2024 (FY24), ASX retail shares demonstrated robust performance, with the S&P/ASX 200 Consumer Discretionary Index (INDEXASX: XDJ) surging by 19.29%, significantly outpacing the benchmark index's gains of 7.83% (12.1% including dividend...
Super Retail Group (ASX: SUL) Shares Surge 4.1% on UBS Upgrade and Optimistic Consumer Outlook
June 26, 2024 03:34 PM AEST| By Team Kalkine MediaShares of Super Retail Group Ltd (,ASX: SUL,) saw a significant rise on Wednesday, climbing as much as 2.47% to AU$14. 8 apiece. This marks the stock's most substantial intraday percentage gain since 23 February and its highest level since 1 May 2024...
JB Hi-Fi (ASX: JBH) Shares Slide Over 4% on Weaker Q3 Sales: Here's What Investors Need to Know
May 09, 2024 03:50 PM AEST| By Team Kalkine MediaIn today's trading session, shares of Australian electronics retailer JB Hi-Fi (,ASX: JBH,) experienced a significant decline, dropping by as much as 4.55% to AU$57.24 apiece. This marks their steepest intraday drop since mid-June 2022, highlighting...
Super Retail Group (ASX: SUL) Shares Slide 5% on FY24 Trading Update
May 09, 2024 03:08 PM AEST| By Team Kalkine MediaSuper Retail Group Ltd (,ASX: SUL,) witnessed nearly 5% decline in its share price on Thursday following the release of a trading update for the second half of FY24. The announcement was made during the Macquarie Australia conference, where the retai...
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