Remove Accounting Remove Consumer Remove Net Profit
article thumbnail

Step One’s net profit surges 43.9 per cent

Inside Retail

Step One Clothing ‘s net profit surged in the last fiscal year, thanks to higher revenue across all its geographies and channels. The underwear retailer’s net profit soared 43.9 Its women’s line now accounts for 14 per cent of its revenue, up from 12 per cent in the prior year. per cent to $12.4

article thumbnail

Myer expects lower sales, net profit amid challenging trading conditions

Inside Retail

Department store chain Myer expects fiscal first-half sales and net profit to decline year over year amid a challenging trading environment. Online sales account for 21.3 “Like many retailers, we have had to contend with inflationary pressures and greater promotional cadence, which has an impact on profits.”

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Inside Pop Mart’s playbook for current and future success

Inside Retail

Meanwhile, net profit soared to RMB3.4 per cent, year on year, and accounted for 38.9 billion and accounting for 21.7 Immersive offline stores will remain essential, offering vibrant designs, themed displays, and social spaces to engage young consumers. This marks an impressive 106.9 per cent year-on-year increase.

article thumbnail

For Thai retailers CP Axtra and Big C, new stores and fresh food drive growth

Inside Retail

Note that although Makro is billed as a wholesaler, its customer base includes an enthusiastic consumer segment that prefers the Makro bulk-buy experience and uses it as an alternative go-to for products it cannot get at a regular supermarket. per cent, and net profit was 1.3 Big C has delivered net profit of 4.0

Wholesale 130
article thumbnail

JB Hi-Fi posts lower sales, citing challenging trading environment

Inside Retail

The company’s net profit after tax was $264.3 million and accounted for 15 per cent of total sales. “Our Further reading: Consumer class action launched against JB Hi-Fi over ‘junk’ warranties The post JB Hi-Fi posts lower sales, citing challenging trading environment appeared first on Inside Retail Australia.

article thumbnail

Nick Scali forecasts bumper year ahead as third quarter delivers

Inside Retail

Due to this ongoing positive momentum, Nick Scali is forecasting its full-year EBITDA to hit $120 million and resulting net profit to fall in the range of $78 to $80 million – a 90 per cent increase on the year prior. The post Nick Scali forecasts bumper year ahead as third quarter delivers appeared first on Inside Retail.

article thumbnail

Central Pattana: Southeast Asia’s most important mall operator?

Inside Retail

billion baht ($419 million), an increase of 6 per cent on last year, and net income was 3.9 However, the latter number was driven by an accounting change rather than an operational decline. Without the adjustments, core profit enjoyed a double-digit percentage increase. billion) and the net profit of 16.7