Latest Distribution Centre News

Sea Forest has reported a sharp lift in SeaFeed revenue during its first full year as an ASX-listed company, but remains loss-making as it funds production and market expansion. The methane-reduction specialist ended FY26 with $27.8 million in cash and term deposits and no borrowings.

Nick Scali delivered a sharp recovery in FY26 earnings, with net profit rising 31.2% to $75.7 million as gross margins widened and the UK loss narrowed. The furniture retailer is entering FY27 with a larger showroom network, a new distribution centre and four further ANZ openings planned.

Sea Forest Limited (ASX:SEA) reported a spectacular 486% surge in SeaFeed revenue for FY26, underpinned by 131,000 cattle committed, surpassing breakeven targets, and a robust $27.8 million cash buffer. The company advances its commercial footprint domestically and internationally, with carbon credit revenue set to kick off in late 2027.

ParagonCare’s FY26 results show modest revenue and underlying earnings growth, overshadowed by a large credit loss provision related to the Infinity Pharmacy Group debt.

Woolworths Group posted solid full-year results for FY26, driven by strong Australian Food sales and complementary businesses, alongside a 15.6% increase in the fully franked final dividend.

Coles Group reported a 2.8% rise in FY26 sales revenue to $45.58 billion, driven by supermarket growth and digital gains, while navigating $235 million in regulatory provisions.

Supply Network Limited reported a 15.4% rise in FY2026 revenue to $403.7 million and a 19% jump in net profit to $47.6 million, underpinning a 44-cent fully franked final dividend. The company is advancing major branch expansions and IT upgrades to support its $50 million revenue growth target for FY2027.

Adore Beauty delivered record FY26 revenue of $207.3 million, driven by retail expansion and owned brands, while posting a statutory loss amid heavy investment. The Group targets 10%+ revenue growth and a sharp EBITDA increase in FY27 as its omni-channel strategy matures.

Charter Hall Long WALE REIT (ASX:CLW) reported steady operating earnings growth and reinforced its long WALE portfolio quality for FY26, alongside a $2 billion debt refinancing and enhanced sustainability credentials.

Super Retail Group reported a 3.2% revenue increase to $4.2 billion in FY26, but statutory net profit fell 7.2% to $206 million amid higher costs and project investments. A new five-year strategy aims to drive growth despite a challenging retail environment.

Stealth Group Holdings has posted record FY26 results with an 86% jump in net profit, driven by the transformative acquisition of Hardware & Building Traders. The company upgrades its FY28 sales target to $500 million, underpinned by expanded scale and integration synergies.

EBOS Group posted a solid FY26, growing revenue nearly 10% to $13.5 billion and underlying EBITDA 5% to $614 million, while completing a major distribution centre renewal program. The company maintains its final dividend and sets a confident growth outlook for FY27.