Endeavour Group, the owner of Dan Murphy’s and BWS bottle shops, has started the new financial year with weaker than expected trading in its retail liquor network.
Shares fell 6.8 per cent to $5.15 on Monday after it revealed sales in the first seven weeks of 2024-25 rose just 0.6 per cent in its retail business and 2 per cent in Endeavour’s pubs.
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Carrie LaFrenz is a senior journalist covering retail/consumer goods. She previously covered healthcare/biotech. Carrie has won multiple awards for her journalism including financial journalist of the year from The National Press Club. Connect with Carrie on Twitter. Email Carrie at carrie.lafrenz@afr.com
