Inside Retail

FEBRUARY 26, 2024

Retail drinks and hospitality business Endeavour Group has posted a slight increase in sales for the fiscal first half, but net profit was down as the group previously expected. However, net profit after tax slid 3.6 per cent to $351 million, impacted by higher finance costs and in line with previous guidance.

Net Profit 259

Net Profit Finance Location Management 259

Inside Retail

FEBRUARY 6, 2025

Nick Scali’s net profit dipped in the fiscal first half ended December 31 amid a sharp decline in Australia and New Zealand performance and softer-than-expected loss in the UK. The furniture retailer’s net profit plunged 30.2 per cent to $30 million, with ANZ net profit tumbling 20.7 million. .”

Net Profit 130

Net Profit Finance Consumer Marketing 130

Retail TouchPoints

MAY 18, 2023

SHEIN generated $23 billion in revenue and net profits of $800 million in 2022, people close to the company told WSJ. The company has reportedly set a target to grow revenue by 40% this year, which will be propelled, at least in part, by an expansion of its EMEA business.

Planning 275

Planning Marketing Net Profit Finance 275

Inside Retail

JUNE 17, 2022

BNPL firms have seen their market value shrink rapidly as interest rate hikes to tame rising inflation fuelled concerns about a slowdown in consumer finance. Shares of Block Inc, previously known as Square, have lost over half of their value after the company closed the acquisition of Afterpay for $29 billion earlier this year.

Net Profit 130

Net Profit Finance Consumer Marketing 130

Inside Retail

JUNE 7, 2023

It operates 163 units with an average size of just over 5,200 square metres, but 80 of them are much bigger than that: cavernous warehouses where retail buyers and end consumers load up oversized shopping carts with bulk items at wholesale prices. Net profit was up by 8.9 Same-store sales growth was almost flat-lining at 0.5

Net Profit 130

Net Profit Finance Supermarket Wholesale 130

Retail TouchPoints

OCTOBER 12, 2021

My days as a merchant are long over, yet I remain a retailer at heart. As an advisor for industry groups such as the Ascendant Network and the Digital Shelf Institute Executive Forum, I‘m surprised to hear my industry friends are still frustrated by ongoing online profitability hurdles. Translation: You can’t do this alone.

Merchant Services 147

Merchant Services Net Profit Accounting Finance 147

Small Biz Trends

JULY 31, 2022

. “Pay attention to actual profit and cash flow. net profit to the company can be very different from revenue coming in the door.” If you’re unsure how something should be classified, it may be time to call a professional accountant to help keep your finances on track.”

Accounting 105

Accounting Finance Net Profit Wholesale 105