Latest Retail News

Tabcorp Holdings posted modest revenue growth and a sharp rise in net profit for FY26, while unveiling a major acquisition to accelerate its wagering technology transformation.

Lovisa Holdings reported a robust FY26 with revenue up 17.6% to A$938.8 million, expanded its global store network to 1,136 locations, and declared a 33 cent final dividend, reflecting strong momentum in key markets.

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.

Airtasker has secured $11 million in media capital through convertible notes with oOh!media and NOVA to accelerate brand growth across Australia, supporting recent strong revenue and marketplace gains.

Retail Food Group (ASX:RFG) posted a 10.7% revenue drop to A$127.9 million in FY26 but returned to profit with a statutory net profit of A$1.1 million, driven by cost rationalisation and operational improvements.

Meridian Energy (NZX:MEL) reported a strong turnaround in FY26 with a $130 million net profit after tax, driven by improved hydro and wind generation, retail growth, and strategic investments in renewable projects and grid flexibility.

Brisbane Broncos Limited reported a 33% jump in half-year profit before tax to $11.57 million, fuelled by higher crowds, membership, and merchandise sales despite a slight dip in ARLC funding.

Abacus Group (ASX:ABG) posted a statutory net loss of $74.5 million for FY26, driven by a $122.1 million accounting hit from reclassifying its Storage King stake following management internalisation, while Funds from Operations dipped slightly and distributions were held steady.

Viva Energy posted a robust half-year profit of $452 million, powered by soaring refining margins and resilient retail and industrial sales, while managing a significant fire at its Geelong Refinery.

ARB Corporation's FY2026 results show a 3.8% revenue dip and 5.2% profit decline amid challenging 4x4 sales, while international expansion and engineering investment underpin future growth.

Scentre Group reported a 24.6% jump in half-year profit to $974.5 million despite an 8.3% dip in revenue, driven by strategic sales and robust leasing activity. The group upgraded its full-year FFO and distribution guidance, highlighting a confident outlook.

Carindale Property Trust (ASX: CDP) reported a robust 50.7% jump in net profit for FY26, boosted by a $25.6 million property revaluation gain, alongside an 8.8% rise in funds from operations and a 5% lift in distributions.