Metcash (ASX: MTS) shares fell about 9% today after releasing its first-half results during an unusual ASX trading outage. The company reported a profit after tax of $142.2 million for the six months to 31 October, almost flat compared to last year. Group EBITDA rose 2% to $367.2 million, and the interim dividend stayed the…
Consumer
Treasury Wine Estates (ASX:TWE) slumped more than 6 per cent to $5.45 on Monday after announcing it will write off the entire $687.4 million in goodwill from its Americas business. The non-cash impairment pushed shares to their lowest level since August 2015, with the stock collapsing from a 52-week high of $12.02, wiping out more…
Star Entertainment Group boss Steve McCann has not been one to shy away from honesty. He has admitted his company would never again see the huge flow of high-end international gamblers flock to its casinos, and would be relying on restaurants and hotels for revenue.
Long story short: The pre-COVID days won't be coming back. Even…
Few retailers have emerged stronger from the pandemic than when it began, but it is hard to argue JB Hi Fi (ASX:JBH) has not, given it is 140% higher.
While many ASX retailers' customers cut back spending to varying degrees, this has not been the case with Australia's largest electronics retailer, at least enough to concern…
In Australia, we know Colgate (NYSE:CL) primarily as a toothpaste brand. But there's a lot more to this 217-year old company than you may think. We think this stock may be the best way to gain exposure to the growth in pet care.
However, we cannot talk about this company without addressing its decline in the past…
After a disasterous IPO, Beforepay (ASX:B4P) appears to be thriving. After all, its share price is up over 500% in the last 2 years, it survived the BNPL Bust when so many peers (i.e. Openpay, Zebit and Payright) did not.
However...at $120m, it is still below its IPO valuation of $158m. But the question we'll look…
Last time we wrote about Telstra shares, it was in mid-FY24 and the company was under pressure. But 15 months on, things have improved with a strong FY25 and the company telling investors to expect the rest of the 2020s to deliver the goods. The company has never reached highs seen in 2015 since then,…
A2 Milk shares have been listed on the ASX for over 10 years, listing in late March 2015 at $2.30 per share. After hitting an all-time high of $20.05 per share, it was downhill for a couple of years, then a period of uncertainty as to where the company was going next. But while there…
You may loathe the regulations on our roads and some companies that profit from them like Transurban, but ERoad (ASX:ERD) is a particularly unique company. And the reason we like it is because it could benefit from a new road regulation (specifically vehicle taxation) that is long overdue, happening in New Zealand and may in…
After being the poster child for what's happening retailers in a cost of living crisis, Baby Bunting (ASX:BBN) appears to be in better shape.
This company is Australia’s largest specialty nursery retailer and one-stop-baby shop, having grown from one family-run shop which was opened in Melbourne in 1979. Remaining headquartered in Victoria to this day (with…
