Latest Retail Sector News

Vicinity Centres has reported a robust increase in revenue and net profit for FY25, alongside a steady distribution payout to securityholders. The company’s financial health shows promising resilience amid a competitive real estate market.

Region RE Limited reported a modest increase in funds from operations per security to 15.5 cents for FY25, supported by a resilient retail portfolio and strong capital management. The company maintains a positive outlook for FY26 with continued focus on portfolio curation and sustainability initiatives.

Charter Hall Retail REIT reported solid FY25 results, highlighted by a full acquisition of Hotel Property Investments Ltd and strong operational metrics, setting the stage for continued earnings growth in FY26.

Charter Hall Retail REIT reported a striking $213.8 million statutory profit for FY25, driven by strong property revaluations and strategic acquisitions, while maintaining stable distributions. The REIT also launched a $1.75 billion equity raise for its new convenience retail fund, signaling growth ambitions amid rising finance costs.

Mirvac Group reported a solid FY25 with $736 million EBIT and expanded its Build-to-Rent portfolio, while guiding for EPS growth in FY26 amid a supportive market backdrop.

Temple & Webster Group Limited has delivered a record FY25 with $601 million in revenue and a 43% jump in EBITDA, positioning itself strongly in the Australian furniture and homewares market. The company is on track to surpass $1 billion in annual revenue within the next few years.

Temple & Webster has reported a robust 21% revenue increase in FY25, alongside a near sixfold jump in net profit, setting a confident tone for FY26 with strong early trading and an optimistic outlook.

HomeCo Daily Needs REIT has delivered on its FY25 financial guidance, showcasing strong operational metrics and a robust development pipeline that sets the stage for growth in FY26.

JB Hi-Fi Limited has announced a fully franked dividend of AUD 2.05 per share for the first half of FY2025, combining ordinary and special dividends payable in September.

JB Hi-Fi announces a seamless leadership transition with Nick Wells set to succeed Terry Smart as Group CEO in October 2025, underscoring strong succession planning and continuity.

Nick Scali Limited reported a solid FY25 underlying profit of $62 million, driven by strong ANZ sales and online growth, while UK operations continue to struggle amid store refurbishments and brand repositioning.

Block, Inc. reported a robust second quarter with 14% year-over-year gross profit growth, driven by strong performances from Cash App and Square. The company raised its full-year guidance, highlighting strategic expansions in peer-to-peer payments, AI tools, and bitcoin integration.