Chicken price rises inevitable: Inghams CEO
Higher costs will force the nation’s largest poultry producer to raise prices again for its supermarket, restaurant and fast-food customers.
Higher costs will force the nation’s largest poultry producer to raise prices again for its supermarket, restaurant and fast-food customers.
Once a high flyer of the retail sector, Baby Bunting has seen its profit plummet by two thirds, slashed its dividend, warned of slowing sales since January and will see its CEO exit.
The owner of Supercheap Auto and Rebel has booked bumper profits but revealed a slight moderation in sales momentum heading into January.
The lighting and home furnishings specialist delivers record interim sales, but rising freight and marketing costs hits profit.
Treasury Wine Estates’ earnings soar as luxury wine sales gain, but missed sales and profit targets drives its share price 7 per cent lower.
The conglomerate, which owns Bunnings and Kmart, warns that it expects elevated inflation and higher interest rates to impact demand in parts of the Australian economy.
The retailer, known for its coffee machines and toasters, has warned it faces economic headwinds in 2023 as sales stall.
The owner of Kathmandu, Rip Curl and Oboz footwear is winning from the return of travel, outdoor adventures and surfing as its sales and earnings ride a wave.
The online furniture and furnishings retailer is a contender for one of the biggest losers of reporting season, shedding $165m in a day.
Drinkers toasted their new-found freedoms from Covid at Endeavour’s pubs and hotels, where it served 40,000 meals on Christmas Day to boost earnings.
Original URL: https://www.theaustralian.com.au/author/eli-greenblat/page/66