Latest Consumer Discretionary News

Entertainment Rewards Ltd (ASX, EAT) shares will halt trading following compulsory acquisition notices issued by Suzerain Investment Holdings Ltd, signaling a significant ownership shift.

Bapcor Limited has obtained unanimous lender approval to temporarily ease its Net Leverage Ratio covenant, supporting its ongoing turnaround efforts through mid-2026.

PointsBet Holdings Limited has appointed Andrew Catterall as Group CEO effective February 2026, with founder Sam Swanell transitioning to an advisory role while remaining on the Board.

Aumake Limited has raised $1.5 million through a share placement to strengthen inventory and expand its footprint in China, signaling renewed growth ambitions under a refreshed board.

Merino & Co. has secured a significant new order from its Shanghai distribution partner, reinforcing its expanding footprint in China’s luxury apparel market and validating its strategic growth plans.

Premier Investments Limited has announced an on-market share buy-back program valued up to $100 million AUD, set to commence in late December 2025 and run through 2026.

Trading in Restaurant Brands New Zealand Limited shares has been suspended following compulsory acquisition notices issued by Finaccess Restauración, S.L., signaling a pivotal ownership change.

RooLife Group's RLG Coffee brand has rapidly scaled to over A$1 million in sales in China just months after launch, supported by a substantial A$64 million supply agreement.

Collins Foods has reported record half-year results driven by strong revenue growth, margin expansion, and operational excellence across its Australian and European markets. The company also raised its profit guidance and declared a higher interim dividend.

Collins Foods Limited has reported record half-year revenues of $750.3 million, with underlying net profit after tax surging 29.5%. The company’s operational improvements and expansion in Europe underpin an upgraded FY26 outlook.

Collins Foods Limited reported solid half-year growth with revenue up 6.6% and net profit rising 12.7%, driven by strong performance in its KFC operations across Australia and Europe. The company declared a fully franked interim dividend of 13 cents per share, while navigating increased provisions linked to wage compliance and ongoing class action litigation.

Merino & Co. Limited has unveiled a robust growth plan at its 2025 AGM, highlighting strengthened finances, operational expansion, and a clear focus on sustainability and premium brand positioning in the global apparel market.