Latest Retail News

National Australia Bank posted a 0.8% rise in cash earnings for 1H25, underpinned by profit growth and lower credit impairments amid a cautious economic outlook. The bank advances its strategy focused on customer experience and technology modernization while maintaining strong capital and liquidity positions.

JB Hi-Fi Limited reports robust sales growth across Australia and New Zealand in Q3 FY25, maintaining momentum in a competitive retail environment.

AUB Group Limited has upgraded its FY25 underlying net profit guidance to the upper end of its previously announced range, buoyed by favourable trading conditions and strategic FX hedging.

Zimi Limited has paused its planned capital raising amid ongoing talks, while revealing strong operational momentum including $1.42 million in open orders and expanded market partnerships.

SPC Global Holdings confirms FY2025 pro forma EBITDA guidance of A$29 million, driven by strong early post-merger performance and strategic initiatives including site consolidation and leadership renewal.

Mighty Kingdom Limited has completed its entitlement offer, raising approximately A$475,000 through the issuance of 95 million new shares, yet a significant shortfall remains to be placed with investors.

Platinum Investment Management's Funds Under Management fell to $9.65 billion in April amid market pressures and retail outflows, while a major $958 million institutional mandate termination prompts accelerated cost savings.

Magellan Financial Group’s assets under management fell to A$38.5 billion in April, reflecting $1 billion in net outflows, even as it expanded its portfolio with a new Vinva fund.

Wellnex Life Limited announces key board and management changes following its successful AIM Market dual listing, including the resignation of its Non-Executive Chairman and appointment of a joint CEO to drive growth.

Inghams Group Limited confirms its FY25 outlook with a slight decline in core poultry volumes offset by modest price increases and new business gains.

Vicinity Centres reports a robust third quarter for FY25, driven by strong retailer demand and shopper confidence, highlighted by the successful launch of The Market Pavilion at Chadstone.

Vicinity Centres reports a robust third quarter for FY25, buoyed by record visitation at Chadstone’s new Market Pavilion and strong retail sales growth. The company now expects full-year earnings at the top end of guidance, underpinned by resilient portfolio metrics and strategic asset management.