Latest Retail News

AGL Energy tightens its FY26 earnings outlook, buoyed by strong operational performance and strategic investments in batteries and gas peaking assets amid rising electricity demand driven by data centres and electrification.

NEXTDC urges eligible retail shareholders to participate in its A$1.5 billion entitlement offer, priced at a 10.9% discount, with a top-up facility available. The retail offer closes on 11 May 2026, following recent senior debt commitments that bolster its growth plans.

JB Hi-Fi posted modest sales growth in Australia and The Good Guys during Q3 FY26, while New Zealand sales declined amid rising supplier costs and stock shortages heading into a critical trading period.

Judo Bank’s Q3 results show solid lending expansion, stable credit quality amid economic uncertainty, and reaffirmed FY26 guidance with a healthy capital buffer.

Vicinity Centres delivered a resilient 3Q FY26 with high occupancy, strong retail sales growth, and a $654 million capital raise through long-dated debt issuances, reaffirming its FY26 earnings guidance at the top end.

Vicinity Centres delivered a robust third quarter in FY26 with high occupancy and retail sales growth, while successfully extending debt maturity and advancing key developments at Chatswood Chase and Galleria.

Universal Store Holdings has posted a 14% rise in retail sales for the first 43 weeks of FY26, buoyed by strong like-for-like growth across its brands. However, ongoing wholesale challenges at CTC have triggered a $24 million impairment, even as the group maintains its full-year sales and EBITA guidance.

Ampol Limited showcased resilience in 2025 with strong refining margins supported by government payments and robust retail growth, while awaiting ACCC approval for its EG Australia acquisition promising significant synergies.

The Lottery Corporation has locked in a 40-year extension of its Victorian Public Lottery Licence to 2068, paying a $1.145 billion upfront premium funded by debt and revising its dividend policy to distribute 80-100% of NPATA from FY27.

Sigma Healthcare reports robust growth in Chemist Warehouse sales across Australia and internationally, announces a joint venture to enter the UK market, and secures a major distribution centre lease in New Zealand to support its expanding network.

Murray Cod Australia (ASX:MCA) is raising $18.6 million through a fully underwritten entitlement offer at a steep 43% discount to last price, aiming to convert its record 3,700-tonne biomass into sales and expand processing capacity.

Merino & Co. has secured a three-year exclusive distribution agreement in Mainland China, guaranteeing a minimum annual order of CNY 30 million (~AUD 6.5 million) and targeting 20% yearly growth upon renewal.