Latest Retail News

Accent Group posted a statutory loss for FY26 driven by a significant goodwill impairment, while reaffirming its 2030 growth ambitions and urging shareholders to reject Frasers Group's takeover offer.

Coast Entertainment (ASX:CEH) posted a $6.1 million net profit in FY26, driven by strong theme park attendance and record revenues, while securing a major land development approval that boosts asset value by over $50 million.

ARN Media posted a $28.3 million net loss for the half-year to June 2026, hit by a $25 million impairment and legal settlements, while digital revenue grew and cost savings accelerated.

Inghams Group delivered modest revenue growth in FY26 but saw net profit collapse amid cost pressures and tax disputes. Executive short-term incentives were forfeited, while the company declared a fully franked dividend and outlined a cautious FY27 outlook.

BSP Financial Group has reported an 8.4% increase in net profit to K620 million for the first half of 2026, driven by a 17.7% surge in revenue and supported by a strong capital position and strategic investments.

Guzman y Gomez (ASX: GYG) reported strong FY26 growth with network sales rising 18% and underlying NPAT up 30%, while completing its exit from the US market and announcing a 48 cents fully franked dividend.

Pacific Edge’s draft Medicare Local Coverage Determination for its Cxbladder bladder cancer tests marks a pivotal step toward unlocking a $10.2 billion global market. Despite FY26 setbacks, the company is poised for growth with improved reimbursement prospects and strategic cost management.

Vicinity Centres delivered a robust FY26 with a $1.39 billion statutory net profit, strategic acquisitions in key growth corridors, and a strengthened premium retail portfolio.

Codan Limited posted a robust FY26 with revenue up 30% to $875 million and net profit soaring 69% to $175 million, underpinned by strong demand in communications and metal detection segments. The company declared a fully franked final dividend of 29 cents, lifting the full-year payout by 70%.

Noumi Limited lifted FY26 revenue by 8.8% and adjusted operating EBITDA by 7.6%, driven by Dairy & Nutritionals' strong earnings and strategic investments in Plant-based Milks. The company faces refinancing uncertainty with $610 million convertible notes maturing in May 2027, prompting a proposed acquisition by majority shareholder Arrovest.

Universal Store Holdings (ASX:UNI) posted a 12.9% revenue increase to $376.1 million in FY26, driven by strong like-for-like sales and store expansion. Underlying EBIT climbed 17.2% despite a $23.8 million impairment on CTC assets, while net profit after tax fell 21.6%. CEO Alice Barbery will retire in October, succeeded by George Do.

Dexus (ASX: DXS) reported steady FY26 results with AFFO of 45.0 cents per security and distributions of 37.0 cents, while initiating a strategic review of infrastructure funds following an adverse APAC court judgment.