Plus-size clothing retailer City Chic (ASX: CCX) has posted a 29% revenue decline for H1 FY24, citing inflationary pressures. Dwindling consumer confidence caused the Company’s sales revenue to drop to $105.8 million compared to H1 FY23’s $149.9 million. Online sales also remained challenging, but there were signs of improvement in stores during Q2. Going by
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After increasing fees following an uptick in childcare subsidies for parents and reducing wages, early childhood care provider G8 Education (ASX: GEM) ended CY23 on a high. The Company reported a 9.1% increase in revenue, reaching $983.4 million, alongside a 53.1% rise in Statutory NPAT to $56.1 million compared to CY22. This growth was primarily
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With the convenience of eCommerce and having goods delivered to your door, it’s no surprise that doorstop theft has become one of the biggest issues facing the industry. It’s why smart lockers from TZ Limited (ASX: TZL) are proving immensely popular and swinging the Company into profitability following a global restructure of their operations and
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The XJO is expected to open flat this morning despite a small pullback in the in the U.S overnight. Their futures are flat this morning. We continue to trade in an ascending triangle, and possibly a pennant pattern. Yesterday we stalled at possibly a countertrend line. Regardless, the uptrend line comes in just above 7,600,
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From being a building society—offering financial services like loans and mortgages—to being an Aussie-owned bank, Auswide Bank (ASX: ABA) hasn’t had an easy rise up to take on the Big Four with intense competition on the home loans and deposit fronts. Auswide Bank reported a 45.7% decrease in its Statutory NPAT to $7.6 million amidst
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Who doesn’t love a discount? The amount of nods to this question has increased over the past year thanks to rising prices and inflation. It’s no wonder then that luxury retailers like Adairs are not gaining consumers’ favour. In the first half of FY24, household retailer Adairs (ASX: ADH), like many others, dealt with reduced
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