Latest Retail News

Mirvac Group reported a solid FY25 operating profit of $474 million, maintaining strong momentum in its living sector and residential pre-sales. The company is poised for growth in FY26, supported by easing interest rates and a robust development pipeline.

McPherson’s Limited has finalized a key pharmacy wholesaler agreement with API Services Australia, marking the completion of its new distribution model and transitioning significant revenue previously handled direct-to-store.

Baby Bunting delivered a standout FY25 with pro forma NPAT soaring 228% to $12.1 million, driven by record sales and a successful store refurbishment program. The retailer’s growth strategy is gaining momentum as it plans an aggressive rollout of its ‘Store of the Future’ concept.

Baby Bunting Group Limited reported a remarkable 462% increase in statutory net profit after tax for FY2025, driven by strong sales growth and strategic store refurbishments. The company also advanced its sustainability initiatives and expanded its digital and retail media businesses.

Meridian Energy's July report reveals a notable decline in hydro storage levels alongside a surge in retail electricity sales, highlighting a complex energy landscape in New Zealand.

Ampol Limited has announced a proposed $1.1 billion acquisition of EG Group Australia, significantly expanding its retail network and accelerating its U-GO brand rollout. The deal promises strong earnings accretion and cost synergies, pending regulatory approval.

Ampol has agreed to acquire EG Australia for $1.1 billion, significantly expanding its retail footprint and accelerating its convenience retail strategy. The deal promises strong financial returns and awaits regulatory approval.

Bell Financial Group reported a 44% drop in half-year net profit to $9.3 million, driven by a sharp decline in broking revenues, while its Technology & Platforms and Products & Services divisions delivered robust growth.

WAM Capital Limited reported a robust 22.2% investment portfolio return for FY2025, outperforming key ASX benchmarks and maintaining its full-year dividend at 15.5 cents per share with a 10% yield.

Centaurus Metals has raised $23 million through an institutional placement and share purchase plan to advance its Jaguar Nickel Sulphide Project in Brazil towards a Final Investment Decision in early 2026.

RBR Group has successfully closed its Share Purchase Plan, raising $261,000 from shareholders, while initiating efforts to place a $329,000 shortfall over the coming months.

OMG Group has secured placement of its Blue Dinosaur products in 750 7-Eleven stores nationwide, marking a pivotal step in its multi-channel expansion strategy and following record quarterly cash receipts.