Latest Retail Sector News

SenSen Networks reported a 17% increase in annual recurring revenue to $11 million and positive operating cash flow of $0.9 million in Q3 FY26 despite supply chain disruptions delaying some projects. The company’s full-year EBITDA is expected to improve significantly over FY25.

Ampol has increased its divestment offer to the ACCC by four additional sites, raising the total to 41 as it pushes to satisfy competition concerns in its EG Australia acquisition. The move aims to secure regulatory clearance ahead of a mid-2026 transaction close.

OMG Group has inked a collaboration with Sydney’s The Little Marionette to supply premium Japanese matcha, reinforcing its vertically integrated matcha strategy and expanding its reach into premium hospitality and retail sectors.

Gowing Bros Limited has announced a fully franked ordinary dividend of AUD 0.03 per share for the half-year ending January 2026, alongside a Dividend Reinvestment Plan offering shareholders a choice to reinvest without discount.

Coles Group Limited has updated its dividend details, confirming a fully franked 41 cent per share payout for the half-year ending January 2026, alongside a Dividend Reinvestment Plan price set at $21.32.

Genesis Energy has completed its NZ$300 million rights offer shortfall bookbuild at a premium price, raising a total of NZ$400 million including a prior placement. The new shares will begin trading late March, marking a significant capital boost for the energy company.

Coles Group Limited has updated its dividend announcement, confirming a fully franked ordinary dividend of AUD 0.41 per share payable on 30 March 2026, with flexible currency payment options for shareholders.

Collins Foods has agreed to settle a class action over employee 10-minute rest breaks for up to AUD 9 million, pending Federal Court approval. The settlement includes flexible terms based on participant numbers, with no admission of liability.

Harvey Norman Holdings Limited reported a robust 6.9% rise in system sales revenue for 1H26, underpinned by strong Australian franchisee performance and overseas expansion. Profit before tax climbed 16.5%, boosted by property revaluations and disciplined cost management.

Autosports Group is making a strategic leap into South Australia by acquiring Solitaire Automotive Group, a luxury dealership powerhouse representing 10 premium brands. This $50 million deal is set to reshape the region’s luxury automotive retail landscape.

Harris Technology Group Limited reported an 18.9% increase in half-year revenue to $8.3 million, turning a modest profit after a prior loss, while flagging ongoing financial uncertainties linked to upcoming debt repayments.

Bapcor Limited has postponed its half-year financial results release to no later than 27 February 2026 and is seeking an extension of its trading suspension, hinting at a potential capital raising.