Latest Consumer Staples News

Bubs Australia has secured permanent US FDA authorisation for three infant formula products, removing a regulatory barrier in the company’s largest market. The approval supports possible portfolio expansion and contract manufacturing, but the presentation contains no new earnings guidance or quantified financial benefit.

Metcash delivered $558 million of operating cash flow and 2.8% ex-tobacco sales growth in the first 18 weeks of FY27, but warned that cost inflation, adverse sales mix and tobacco changes will weigh on first-half earnings. The group also expects to spend a further $18 million to $20 million on its Horizon technology program.

Elixinol Wellness has finalized the divestment of its US operations to Ananda Health, securing upfront and deferred payments totaling approximately A$465,000. This move refocuses the company on its Australian health and wellness portfolio while reducing exposure to US regulatory risks.

OMG Group Limited is offering eligible shareholders in Australia and New Zealand a chance to buy up to $30,000 of new shares at a 5.4% discount through a Share Purchase Plan following a recent $1.5 million placement.

Endeavour Group confirms a fully franked dividend of AUD 0.012 per share for the six months ending June 2026, offering shareholders a choice of payment in Australian or New Zealand dollars based on their registered bank accounts.

The Calmer Co International Limited has closed a renounceable rights issue, raising $1.82 million before costs with full director participation. The capital will support inventory build, retail expansion with Coles, and ongoing strategic partnerships in kava supply and manufacturing.

Bega Cheese Limited has confirmed a fully franked ordinary dividend of 7.5 cents per share for the half-year ending June 2026, payable on 1 October, with a Dividend Reinvestment Plan priced at AUD 6.13 per share and no discount.

OMG Group has raised $1.5 million through a placement featuring a $350,000 strategic investment from Slades Beverages, which will become its oat milk manufacturing partner. The company plans a $250,000 Share Purchase Plan and director participation to fuel product launches and supply expansion following a 48% revenue surge in FY26.

Fonterra expects its FY26 underlying earnings to reach the upper limit of its 60-70 cents per share guidance, signaling steady performance and underpinning a strong dividend outlook.

Yowie Group Limited cut its net loss to US$0.20 million in FY26 despite a 27.1% drop in revenue, driven by cost cuts, loan impairment reversals, and new product launches including the Yowie x NBA series.

Pure Foods Tasmania reports a modest revenue dip but boosts gross profit and margin in FY26, while statutory losses swell due to non-cash accounting adjustments and strategic realignment.

The Calmer Co. International Limited posted a record $8.1 million revenue for FY26, driven by retail and wholesale growth, yet recorded a $3.8 million net loss amid ongoing funding challenges and strategic investments.