Inside Retail

FEBRUARY 20, 2024

Solid results in the Australian food and B2B business segments drive an increase in first-half sales and net profit for Woolworths Group. The supermarket group’s net profit rose 2.5 The post Woolworths books higher net profit, sales in first half appeared first on Inside Retail Australia.

Net Profit 255

Net Profit Supermarket Department Stores Marketing 255

Inside Retail

MARCH 20, 2025

The core market of young families is among the worst impacted by the current inflationary economy. The brand operated 307 stores across its proprietary markets of Australia, New Zealand, the UK, Ireland, Singapore and Malaysia at the end of the first half. On the bottom line, net profit before tax fell 12.7

Net Profit 241

Net Profit Marketing ATS Accessories 241

Inside Retail

JANUARY 26, 2025

A strategic decision to invest incremental profitability in marketing and promotional activity from November helped the company to achieve accelerated topline growth, the company elaborated. In the last fiscal year, Kogan swung to a net profit of $83,000 despite a 6.1 per cent decrease in revenue.

Net Profit 254

Net Profit Promotions Returns Marketing 254

Inside Retail

FEBRUARY 23, 2025

The group’s net profit increased 9.5 “An internal strategic review of our New Zealand segment is underway as we navigate the cyclical downturn in the economy, leverage the brand’s heritage and re-establish the profitability of this segment,” said the company. per cent to $16.9 per cent to $360.2

Net Profit 243

Net Profit Marketing Accessories Fashion 243

Inside Retail

AUGUST 26, 2024

Lovisa Holdings booked higher net profit amid a strong trading performance and global expansion in the last fiscal year. The company’s net profit grew 20.9 The jewellery and accessories retailer ended the fiscal year with 900 stores globally after opening a net 128 new stores., per cent to $82.4

Net Profit 147

Net Profit Accessories Marketing ATS 147

Inside Retail

AUGUST 20, 2024

Australian-listed appliance maker Breville Group’s net profit rose 7.5 “We enter FY25 with some momentum on the top line, our new product development (NPD) pipeline continuing to release, new markets outperforming, and our solutions offerings developing,” said Jim Clayton, Breville Group CEO. per cent to $118.5

Net Profit 147

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Inside Retail

SEPTEMBER 26, 2024

H&M Group has booked lower sales in the fiscal third quarter amid cold weather in many key European markets. billion) and net profit dropped 30 per cent to SEK2.31 The post H&M’s sales drop after cold weather affected key markets appeared first on Inside Retail Australia. billion (US$5.82

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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

Net Profit 130

Net Profit Finance Consumer Marketing 130

Inside Retail

JANUARY 5, 2025

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

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Inside Retail

APRIL 1, 2025

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

Marketing Net Profit Shopping Supermarket 226

Inside Retail

AUGUST 11, 2024

“E&S has a highly complementary premium product offering, which will appeal to a new customer base, and a commercial construction market focus, making it a strategically compelling addition to the JB Hi-Fi Group,” said Terry Smart, JB Hi-Fi’s CEO. Its net profit fell 16.4 per cent to $438.8 per cent to $9.6

Net Profit 290

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Inside Retail

SEPTEMBER 19, 2024

Myer saw a decline in net profit in the last fiscal year due to the underperformance of Sass&Bide, Marcs, and David Lawrence, inflationary pressures, and store closures. The department store chain’s net profit fell 26 per cent to $52.6 million as sales dipped 2.9 per cent to $3.27 per cent of total sales.

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Inside Retail

MARCH 30, 2025

Chinas Pop Mart has wrapped up another stellar year, surpassing RMB13 billion in revenue for 2024 as the blind-box market continues to thrive. Meanwhile, net profit soared to RMB3.4 Meanwhile, sales from markets outside mainland China, including Hong Kong, Macao and Taiwan, reached RMB5.07 per cent market share, worth $5.9

Net Profit 130

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Retail TouchPoints

MARCH 17, 2025

In the filing, Klarna did reveal some of its financial results for 2024, including its $21 million in net profit. However, the buy now, pay later (BNPL) company still has not revealed how many shares it plans to sell, their price range or when the IPO will take place. The Sweden-based company, which has operated in the U.S.

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Merchant Services Net Profit Payment Services Checkout 162

Inside Retail

MARCH 27, 2024

Collectible toy retailer Pop Mart says its net profit increased by more than 100 per cent last year. The growth is largely due to expansion in multiple markets, especially in Asia where the ‘blind box toy’ specialist’s next expansion plan is into Vietnam with the opening of its first two stores.

Net Profit 263

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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 decreased valuation was attributed to the wider decline in tech company stock prices as well as rising geopolitical headwinds and increased competition.

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Planning Marketing Net Profit Finance 275

Inside Retail

SEPTEMBER 13, 2023

. “Our online offer is a scale business that returned to growth in the second half and has continued to increase market share throughout FY23.” ” Net profit rose 18.2 Statutory net profit rose 23.3 per cent to $71.1 million for the 12 months to July 29, the highest since 2015. per cent to $60.4

Net Profit 278

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Inside Retail

MAY 16, 2024

Value retailer Miniso has posted double-digit increases in both revenue and profit for the quarter ended March 31, driven by the higher number of stores across all markets. million, while revenue from overseas markets jumped 52.6 Operating profit was US$102.9 per cent, while adjusted net profit increased 27.7

Net Profit 261

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Inside Retail

AUGUST 27, 2024

However, net profit fell from $88.7 Frasers Group is listed on the London Stock Exchange with a market value of £3.9 Last week, Accent reported sales of $1.61 billion for the 2024 financial year, which was up from $1.57 billion the year prior. million to $59.5 The company’s shares were down 4.25 per cent gain. billion ($7.6

Net Profit 262

Net Profit Marketing ATS Accessories 262

Inside Retail

NOVEMBER 8, 2024

. “Whilst I remain cautious in this uncertain context I am confident in our ability to navigate the current as well as future cycles,” Rupert said in a statement, adding Richemont would continue to invest in production and marketing. Richemont’s net profit for the first half of its financial year fell to $494.64

Net Profit 130

Net Profit Accessories Fashion Consumer 130

Inside Retail

JANUARY 6, 2025

The market for Moshi Moshis products and price points in neighbouring countries would seem to be substantial and the company has not been at all reluctant to open shops at a rapid pace. However, better control of selling and administrative expenses helped deliver an increase in net profit for the quarter of 108.1

Net Profit 130

Net Profit Accessories Wholesale Jewelry 130

Inside Retail

AUGUST 13, 2024

CEO Mark Coulter said the company bucked the slowdown caused by cost-of-living pressures, with revenue soaring in an overall market that was down 4 per cent. Despite the surge in sales, net profit fell from $8.3 The number of active customers also rose to a historic high of 1.1 million, representing a 31 per cent increase.

Net Profit 255

Net Profit Marketing ATS 255

Retail TouchPoints

OCTOBER 23, 2023

Shoppers who want to give back can purchase a Kohl’s Cares book or plush , with all net profits being donated to nonprofits working to improve the health and wellness of children and families across the U.S. The retailer has already started holiday-centric deals this month with a series of weekly LEGO deals.

Net Profit 276

Net Profit Department Stores Promotions Checkout 276

Inside Retail

FEBRUARY 12, 2024

The company’s net profit after tax was $264.3 The key growth categories in the market were mobile phones, games hardware, small appliances, whitegoods and services. Electronics and appliance retailer JB Hi-Fi reported total sales of $5.16 billion for the six months ended December 31, down from $5.3 billion year on year.

Net Profit 263

Net Profit Accounting Consumer Marketing 263

Retail Gazette

JANUARY 23, 2025

Sales in these markets rose by 39% to 172m (148.6m) in 2024. Alongside its retail expansion, the retailer has launched a “profit pledge,” committing 10% of its net profits to charitable causes. The growth is largely driven by strong sales in Europe and a growing presence in Asia.

Net Profit 104

Net Profit Point of Sale Wholesale Planning 104

Inside Retail

MARCH 24, 2025

International markets continued their strong performance, with revenue rising 41.9 The companys adjusted diluted earnings per share (EPS) grew 16 per cent year over year, while adjusted net profit rose 15.4 Revenue from our Miniso brand in Mainland China saw a 10.9 per cent rise, Guofu said. per cent yearly.

Net Profit 232

Net Profit Accounting Location Marketing 232

Inside Retail

AUGUST 29, 2021

Net profit grew 168 per cent over the course of the year, with the beauty firm eking out a positive result of $845,000 – a slight win, but a big boost on last year’s loss of $1.2 Active customers hit 818,000, up 39 per cent, which drove revenue growth of 48 per cent to $179.3

Shipping 246

Shipping Beauty and Health Net Profit Returns 246

Inside Retail

SEPTEMBER 13, 2022

Inflationary pressure on consumer discretionary spending, supply chain disruptions and elevated inventory levels, which tie up a retailers’ net working capital, are set to create the perfect storm for retailers that do not have a strategy in place to ensure they are well positioned for the choppy market conditions ahead.

Net Profit 278

Net Profit Payment Services Specialty Store Fast Fashion 278

Inside Retail

FEBRUARY 28, 2024

The incoming CEO expressed optimism about the company, noting the growing fashion market and demand for affordability. Profit lifts on lower sales During the fiscal first half, Mosaic Brands’ net profit surged 121 per cent to $5.4 “Low price is also not the antithesis of style. per cent to $234.1

Net Profit 264

Net Profit Fashion Consumer Marketing 264

Inside Retail

AUGUST 19, 2024

For this year, Baby Bunting forecasts pro-forma net profit of $9.5 The post Baby Bunting’s profit plunges amid challenging market conditions appeared first on Inside Retail Australia. .” Meanwhile, the company reported 3.5 million to $12.5 million, with comparable sales store growth of nil to 3 per cent.

Marketing 130

Marketing Net Profit ATS 130

Inside Retail

MARCH 11, 2025

Noni B appeared to fare better under Alceon and Scott Evans who was appointed as CEO following the on-market takeover, but its financial results were flattered by the 2017 acquisition of the Pretty Girl Group and the 2018 purchase of five retail chains from Specialty Fashion Group. million and net earnings to a modest $3.3

Fashion 147

Fashion Net Profit Specialty Retailers Planning 147

Inside Retail

MARCH 25, 2024

Premier Investments posted net profit after tax of $177.2 Management cited a challenging discretionary retail environment, with customers exposed to increased cost of living pressures in all global markets. million for the first half of FY24, while EBIT reached $209.8 million, exceeding previous guidance.

Planning 264

Planning Net Profit Management Marketing 264

Inside Retail

AUGUST 28, 2023

The group recorded net profit after tax of $2 million compared with $14 million in last year’s first half, indicating inflationary pressures facing the group in all markets. Total store sales were $589.4 million, up 9.4 per cent year over year, supported by the opening of new stores and a stronger US dollar.

Net Profit 246

Net Profit Location Marketing 246

Inside Retail

FEBRUARY 21, 2023

Domino’s Pizza Enterprises said its first-half net profit fell 21.5 The Australian franchise of Domino’s says its first-half profit attributable for the period ended Jan 1 was $71.7 The post Domino’s Pizza profit slumps as inflation hits consumer spending appeared first on Inside Retail.

Consumer 246

Consumer Net Profit Management Marketing 246

Inside Retail

AUGUST 17, 2021

At its full year results announcement on Wednesday morning, Coles revealed that net profit broke the one-billion-dollar mark, rising 2.8 Coles overall produced reasonably strong results, attaining just over $1 billion in net profit for the first time,” Mortimer told Inside Retail. “Of per cent to $1.005 billion.

Net Profit 246

Net Profit Supermarket Markdowns Checkout 246

Inside Retail

SEPTEMBER 15, 2021

billion – 20 per cent of which were made online – leading to a statutory net profit figure of $46.4 Myer’s profit is a strong improvement on the $172.4 The result, according to CEO John King, is due to the business’ ability to thrive despite the extraordinary market conditions, and a continued focus on its online channel.

Department Stores 246

Department Stores Net Profit Shipping Management 246

Inside Retail

AUGUST 19, 2024

The Australian online furniture retailer is proof that you need to spend money to make money, and its investments in artificial intelligence (AI) development and new marketing channels are primed to keep the business on track. Accumulating no debt and finishing FY24 with $116 million cash on hand, the decline in net profit from $8.3

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Planning Net Profit Shipping Marketing 262