NewsBite

YouFoodz

August 2021

Demand for scented candles and home fragrances has soared during the pandemic.

Candle seller Dusk’s profits triple

The company has cemented its status as one of the best floats of 2020 after a glowing performance in 2021.

  • Sue Mitchell
Youfoodz founder and CEO Lance Giles.

Youfoodz maiden result likely to be its last

In its first and likely last full-year result as a stand-alone company, Youfoodz met revised profit forecasts even though sales missed targets.

  • Sue Mitchell

July 2021

Youfoodz founder and CEO Lance Giles...the board has unanimously recommended that shareholders accept the offer.

Youfoodz takeover underscores e-commerce bubble

A takeover bid being recommended at a 38 per cent discount to December’s float price shows something’s fundamentally off in capital markets.

  • Tom Richardson
Youfoodz founder and CEO Lance Giles.

HelloFresh gobbles up ready-meals maker Youfoodz

HelloFresh is offering 93¢ a share, double the recent market price but well below the $1.50 a share investors paid in Youfoodz’s December IPO.

  • Sue Mitchell

June 2021

Booktopia CEO Tony Nash - “continuing to grow.”

Booktopia expects robot stackers to increase stock by 25pc

An $18 million in investment in technology is helping the online book retailer increase capacity, build its range and deliver orders faster.

  • Sue Mitchell

April 2021

Demand for scented candles and home fragrances has soared during the pandemic.

Candle seller Dusk’s profits to more than triple

Dusk, one of the best performers among recent floats, expects 2021 earnings to more than triple following a surge in demand for candles and home fragrances.

  • Sue Mitchell

February 2021

Universal Store CEO Alice Barbery said the company would hand back December-half JobKeeper subsidies.

Universal Store, Dusk the picks of recent IPO crop

The two retailers were the standouts among half a dozen consumer companies that took advantage of a COVID-19 spending boom to float late last year.

  • Sue Mitchell

January 2021

Fortescue rally leads ASX to 0.4pc rise

The S&P/ASX 200 Index put on 24 points in a quiet session ahead of the Australia Day public holiday. Wesfarmers closed at a record high.

  • Vesna Poljak
Youfoodz sells ready-made meals directly to customers and through retailers such as Coles.

Youfoodz on track to meet forecasts as B2C sales soar

Recently floated ready-made meals maker Youfoodz expects to make a profit this year for the first time in years after a surge in revenues fuelled in part by the coronavirus.

  • Sue Mitchell

Original URL: https://www.afr.com/company/youfoodz-1nmm