Remove Consumer Remove Marketing Remove Net Profit
article thumbnail

Woolworths and Coles drew consumer ire for cost-of-living pressures in 2024

Inside Retail

Two of the nations major employers, with a combined workforce of 320,000 staff and about a 66 per cent share of the grocery market, Woolworths and Coles endured a 2024 they would no doubt rather forget. billion net profit for the last financial year, with a year-high share price of $19.40 to as low as $29.19

Consumer 246
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 The post Step One’s net profit surges 43.9 per cent to $12.4 million as revenue jumped 29.7 per cent to $84.5

Insiders

Sign Up for our Newsletter

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

article thumbnail

Kathmandu parent KMD Brands sees sales, net profit increase

Inside Retail

Outdoor apparel retailer KMD Brands has witnessed an increase in sales and net profit in FY23 on the back of improved performance across all its businesses – with the Rip Curl and Oboz brands achieving record sales. million and net profit after tax jumping 8.6 Sales grew 12.6 per cent to $1.01 per cent to $97.4

article thumbnail

Nick Scali’s net profit plunges in fiscal first half

Inside Retail

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. .”

article thumbnail

Domino’s Pizza profit slumps as inflation hits consumer spending

Inside Retail

Domino’s Pizza Enterprises said its first-half net profit fell 21.5 per cent, as orders were impacted by the impact of inflation on consumer spending. The Australian franchise of Domino’s says its first-half profit attributable for the period ended Jan 1 was $71.7 million on global sales of $1.97

Consumer 246
article thumbnail

Why Dollarama is just the latest global entrant in Australia’s discount market

Inside Retail

The Canadian convenience chain Dollaramas recent acquisition bid for The Reject Shop highlights a growing trend of international retailers assessing Australias discount market. These developments reflect the demand for budget-friendly options in the Australian retail market, which is also home to domestic competitors such as Kmart.

Marketing 226
article thumbnail

JB Hi-Fi to acquire E&S Trading, books lower sales last fiscal year

Inside Retail

The consumer electronics retailer agreed to an initial acquisition of 75 per cent of E&S for cash consideration of $47.8 The acquisition announcement comes as JB Hi-Fi reports a decline in net profit and sales in the last fiscal year. Its net profit fell 16.4 million on a cash-free,debt-free basis. million.