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Metcash earnings climb as shoppers stay local

Carrie LaFrenz

Metcash chief executive Doug Jones says the second half of fiscal 2023 has started well, with group sales up 6.2 per cent.

Mr Jones said shoppers were still supporting neighbourhood stores, which helped the wholesaler distributor hold its ground against larger supermarket rivals.

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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

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    Original URL: https://www.afr.com/companies/retail/metcash-lifts-first-half-dividend-as-earnings-beat-expectations-20221205-p5c3mg