ASX Announcements
Initial Director's Interest Notice - Penelope Winn
Initial Director’s Interest Notice
Initial Director's Interest Notice - Peter Hardy
Initial Director’s Interest Notice
Change of Director's Interest Notice - Duncan Makeig
Change of Director’s Interest Notice
Change of Director's Interest Notice - Joanne Pollard
Change of Director’s Interest Notice
Notification regarding unquoted securities - EDV
Appendix 3G (Notification of Issue, Conversion or Payment up of Unquoted Equity Securities)
February
Bumper pub sales not enough to save Endeavour from profit pain
The hospitality giant said its BWS and Dan Murphy’s retail chains had sluggish sales growth. The company has appointed Ari Mervis as its executive chairman.
Mervis to take over as Endeavour executive chairman
The operator of the Dan Murphy’s and BWS chains has been searching for a replacement for chief executive Steve Donohue since he resigned in September.
January
Coopers Brewery appoints its first non-Cooper boss
Tim Cooper says drinkers are tiring of paying $17 for a pint of craft beer, and sales are rising at Coopers as people return to better-value mainstream beers.
Internal figures show true cost of Endeavour’s split with Woolworths
The retailer behind BWS and Dan Murphy’s has never disclosed the cost of its 2021 separation from the supermarket giant, but it seems more than many expected.
December 2024
Endeavour mulls an executive chairman as CEO search drags on
The largest shareholder of the Dan Murphy’s operator, Bruce Mathieson, said Ari Mervis could be a “short-term solution” to a permanent chief executive.
Collapsed drink maker’s creditors in line for just 7.4¢
The Victorian manufacturer of ready-to-drink spirits aimed high and grew fast, but ultimately it was cruelled by giant rivals like Asahi and Suntory, administrators found.
Why this beer maker (and Nick Kyrgios) are all in on Gen Z drinkers
Low-carb beer group Stryda is raising capital. It says the percentage of Millennial and Gen Z drinkers will overtake Baby Boomers by 2026 – just don’t call it craft beer.
Pubs billionaire lashes rival’s ‘appalling’ Australia Day stance
Bruce Mathieson says it is “stupid stuff” for rival Australian Venue Co, with 234 venues, to steer clear of Australia Day celebrations.
November 2024
Pub spending up since grand final week
The boss of Australia’s second-largest pubs group, Australian Venue Co, says Christmas bookings are up 16 per cent and cocktails and spirits sales now equal beer.
Domino’s shares more attractive than Guzman y Gomez: Morningstar
The investment research house has tipped the embattled pizza seller and Endeavour, the operator of Dan Murphy’s, as attractive alternatives as rivals get pricey.
Five ASX stocks short sellers are targeting
Hedge funds are ditching their long-held bet against Pilbara Minerals and hunting for the sharemarket’s next big short target.
Getting off the grog isn’t easy. Ask Woolworths
The supermarket group cleaned up its image after divesting from booze and pokie assets.
Coles chairman says cost of living has been ‘politicised’
James Graham told the comapny’s AGM that supermarkets are being targeted unfairly by politicians.
Endeavour warns on profits amid sluggish liquor store sales
The owner of Dan Murphy’s and BWS is still ahead of the market and next biggest competitor, but increased discounting is hurting margins and earnings.
Qantas under pressure; Endeavour shares dive; Great Apple gadget
Read everything that’s happened in the news so far today.
October 2024
Why young people are choosing this tipple over wine and beer
The No.1 brand in light-coloured RTD spirits is a canned drink called Hard Rated, which has succeeded in the ultra-competitive liquor market by being low-calorie and citrusy.
September 2024
Endeavour Group CEO’s last drinks a chance to reset
Steve Donohue knows booze and retail as well as anyone, but shareholder diplomacy was a challenge. Good luck to whoever takes over.
Dan Murphy’s parent Endeavour rocked by CEO exit
Over three decades Steve Donohue rose from the Dan Murphy’s shop floor to the top job. On Friday, he shocked the market with his departure.
Star dives 50pc; Endeavour CEO exits; Negative gearing admission
Read everything that’s happened in the news so far today.
Can sorbet sell hard seltzer? Fellr is banking on it for the summer
The local alcohol brand faces intense competition from overseas giants, including White Claw. The tie-up with hot gelato outfit Messina appears to be working.