Step One Falls Flat
Step One (ASX: STP) experienced a heavy re-rating today, falling 35% in a single session. That is a substantial hit for any investor owning shares. The catalyst was the release of its H126 trading update, and the numbers came in well below expectations. Revenue is now forecast to land between A$30…
Retail
Nick Scali (ASX: NCK) has delivered one of the standout performances among ASX retailers this year, with shares climbing approximately 60% despite challenging consumer conditions. Bell Potter has now initiated coverage with a buy rating and $27.00 price target, implying 15.5% upside from the current share price of $23.38. Combined with an expected 2.7% dividend…
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…
The RBNZ is cutting rates again, and here are 5 ASX stocks (based in New Zealand) that could benefit
Last week, we heard that the RBNZ is cutting rates again. If you thought Australia's economy was not doing well, you clearly have not been following what has been happening across the Ditch.
Like Australia, Aotearoa entered a recession during the pandemic but had another one in 2023 and is one more negative quarter away from…
Hear the term 'Activist investors' and you might think of GetUp, the progressive activist group that forced Woolworths to hold an EGM in 2014 in an attempt to limit the maximum bets on poker machines to $1. Or perhaps even of ESG-focused fundies like Australian Ethical (ASX:AEF). The reality is a lot more complicated and…
After a terrific FY24, FY25 was more difficult for Intelligent Monitoring Group (ASX:IMB) but it may have turned a corner.
In FY24, this company (which we will call IMG to avoid confusion with the Illawarra-based mutual bank IMB) made >$40m EBITDA, went from being the 3rd largest company in its industry to the largest and set…
Myer (ASX:MYR) made headlines earlier this week after its FY25 results - shares fell >25%. Were results that bad? Maybe not that bad, but they manifested problems investors arguably thought either weren't as bad or closer to a resolution than they previously envisioned.
What are the Best ASX Stocks to invest in right now?
Check our…
Back in February 2024, Super Retail (ASX: SUL) reached an all time high after declaring it had new 'record' in sales, raking in about $2.02bn in 1H24. A lot has gone on since then including a 'confession' during confession season and the 'messy' departure of its CEO, but the company's shares are only down 6%…
Let's take a look at Adore Beauty (ASX:ABY). We know the IPO was horrible and the ghosts of it still plague the company today. But with its founder long gone, and a recent results showing good signs - is a better future ahead of it? The short answer is yes: but perhaps not exactly as…
Here are 4 ASX retail stocks to buy in FY26!
Universal Store (ASX:UNI)
Universal Store benefited from the Stage 3 tax cuts more than any other retailer. This is because the fashion chain's target market is Millennial and Gen Z customers. The revised Stage 3 tax cuts was far more favourable to them than the…
