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Why Oliver's Real Food Closed a Key Store Despite Core Earnings Growth

4:25am on Saturday 30th of August, 2025 AEST Consumer Discretionary
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Why Oliver's Real Food Closed a Key Store Despite Core Earnings Growth

4:25am on Saturday 30th of August, 2025 AEST
Key Points
  • Revenue declined 6.9% to $24.8 million
  • Core earnings before impairments (EBITDAI) rose 23.5% to $2.12 million
  • Pheasants Nest Northbound store permanently closed due to sustained losses
  • Impairment charges surged to $1.76 million, mainly from underperforming stores
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