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Preliminary Final Report, Dividend Rate, Web Casts
- Aug 9, 2024
- 4 pages
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Preliminary Final Report, Company Presentation
- Aug 9, 2024
- 17 pages
This Month
- Updated
- Earnings season
‘People have more money, but we have not seen it’: Nick Scali CEO
The retailer has recorded a slide in sales as shoppers stay away from big-ticket purchases.
- Updated
- Carrie LaFrenz
July
Shipping crises ‘spanner in works’ for inflation fight
Australian consumers and retailers are facing long delays and higher prices for goods from Europe and Asia amid an international shipping crisis that could stoke local inflation.
- Tom Rabe and Jenny Wiggins
Meet the fund manager doing it better than everyone else
In a market completely saturated with Aussie equity funds, Robert Gregory, a one-man band, has come out on top thanks to some cracking stock bets.
- Sarah Jones
June
Retailers have bigger worries than possible interest rate rise
Nick Scali and Harvey Norman say they are getting squeezed from all directions. A rate rise would add to their woes but other costs are doing more damage.
- Carrie LaFrenz and James Eyers
Wilson’s Oberg is tipping 50pc upside in this small-cap stock
Wilson Assets Management’s Oscar Oberg is bullish on Iress even as its share price has tanked. He also like G8 Education and reveals why he is looking to buy up retail stocks again.
- Updated
- Joanne Tran
April
‘Wealth effect’: the stocks that could gain from rising house prices
Jarden highlights its best bets, saying homeowners feeling good about their property appreciation turn to spending more on big-ticket retail items.
- Simon Evans
Inflation rises 1pc; Ex-Star boss probed; Will Musk now deliver?
Read everything that’s happened in the news so far today.
Nick Scali mounts UK push, realising long-held dream
The Australian furniture retailer flagged an equity raising to fund deal and further invest in its new British business.
- Carrie LaFrenz
Nick Scali to launch equity raising for UK foray; Macquarie on ticket
Nick Scali will pay £2 ($3.82) for Fabb Furniture, funded by a $46 million underwritten institutional placement.
- Sarah Thompson, Kanika Sood and Emma Rapaport
March
‘Substantial’ risk to GDP growth as firms destock
A surprise fall in inventories could shave 1 percentage point off GDP growth and raises the possibility the economy contracted in December for the first time since the pandemic downturn.
- Updated
- Michael Read
February
- Opinion
- Chanticleer
Economists and investors are deeply divided – it may not end well
Investors pricing in tomorrow’s good news today may need to prepare for a test of faith, Barrenjoey’s Jo Masters says.
- James Thomson
- Opinion
- Chanticleer
Why a 20pc miss on profits sent JB Hi-Fi’s shares soaring
Sales running below inflation and profit down 20 per cent? No worries, that’s fresh record high stuff at JB Hi-Fi.
- Anthony Macdonald
Rate cuts on ice | Stocks fly after big profits | Why beer is so expensive
This week James and Anthony dissect the RBA’s historic moment, tell you what to expect from reporting season and try to answer a crucial question for the nation: why beer is so expensive.
Retail stocks nail the soft landing, lighting a fire under shares
The ASX’s retailers are the early earnings season winners, smashing dire predictions about the financial health of Australian consumers and the economy.
- Joshua Peach and Joanne Tran
Not much needs to go right for retailers to jump: Bennelong
Fund manager Doug Macphillamy is keeping a close eye on the out of favour consumer sector this reporting season and names an auto parts business that he thinks is cheap.
- Joanne Tran
Mall values to fall before growth in 2025: Region Group boss
The country’s biggest owner of small suburban malls says it is ahead of peers in terms of reporting “realistic” asset values.
- Larry Schlesinger
Nick Scali, Myer shares rally as retailers defy gloom
The CEO of sofa retailer Nick Scali said sales momentum spilled over into January, reflecting more positive consumer sentiment and tax cuts.
- Carrie LaFrenz
November 2023
Nick Scali scion cashes out $50m via UBS
The 4.6 million shares, representing 5.7 per cent of issued capital, were underwritten at a sale price of $11, or a 5.3 per cent discount to last close.
- Sarah Thompson, Kanika Sood and Emma Rapaport
October 2023
Nick Scali shares climb on AGM update
The retailer joined Beacon Lighting in reporting improving trading momentum in a market where shoppers have largely been shunning bigger ticket items.
- Carrie LaFrenz
August 2023
- Opinion
- Retail
Retailers face triple-whammy challenge
The post-COVID normalisation in demand has coincided with a cost-of-living crunch and soaring costs, which will squeeze sales and earnings in 2024.
- Sue Mitchell
