Spent a lot of time browsing Coles aisles this past year? Turns out, so did many others! The supermarket giant reported a revenue of $39.4 billion, up 2% on FY21. The boost was credited to strong eCommerce performance in Supermarkets and Liquor cycling. The vast majority of these earnings were borne by supermarkets while liquor
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Charging an average of $131 per day across their 448 childcare clinics, parents are voting with their feet away from centres run by early education company G8 Education (ASX: GEM) which has reported a 63% decline in profits for the Half Year. For the six months ended 30 June 2022, G8 Education reported a 1.1%
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Lowered demand for Covid-related products, supply chain concerns, the Russian war on Ukraine, Sri Lanka’s economic downfall and human rights lawsuits—global safety solutions company Ansell (ASX: ANN) year has been shrouded in problems. And the Company does not expect the impact of these challenges to go away any time soon. Ansell announced sales of US
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As we become expectant to be able to order just about anything same-day and know alarmingly accurately exactly where it is until the doorbell rings, delivery tech company Zoom2u Technologies (ASX: Z2U) looks set to benefit as their first FY results show, highlighted by a 63% increase in revenue to $4.63m Despite the rise in
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To retire comfortably is a dream for many, and retirement village operator Summerset Group (ASX: SNZ) is all about making it come true. The Company has acquired three sites, two in New Zealand and one in Australia, valued at over $600 million, to set up elaborate retirement villages. The New Zealand acquisitions are in Masterton
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Covid, floods, staffing, supply chains. That’s what we call the 2022 disruption bingo, which has this morning been claimed by Woolworths liquor chain spin out – Endeavour Group (ASX: EDV). The owner of well known brands such as Dan Murphy’s and BWS has delivered positive results despite this extensive list of challenges however, with their
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At first glance, the concept behind orthotics is deceptively simple. But what once were simple pieces of cobbled together leather, metal and wood are now highly technical medical devices thanks to the integration of smart technology. With embedded sensors, the orthotics are now being developed to improve healthcare in remote regions, including for those who
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Would you buy a sofa priced to the tunes of $5,000? Probably…not. But many Australians are more than willing to, as is evidenced by furniture retailer Nick Scali’s (ASX: NCK) sales of $441 million across FY22. Despite the 18.2% increase in sales compared to last year, net profit after tax fell marginally by 4.9% to
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The tech company looking to revolutionise the AV (audiovisual) space, Audinate Group (ASX: AD8), has today delivered record revenue and EBITDA along with its endeavour to overcome global supply chain issues. Throughout COVID-19, the world came to a standstill during one of the worst supply-chain crises in history. In particular, businesses acquiring semiconductor chips had
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