Yesterday
Kathmandu, Rip Curl owner in limbo as emergency capital raise drags
KMD Brands said it was unable to publish its financial accounts as planned this week, and was still finalising the details of a low-priced share issuance.
This Month
Soul Patts defies private credit jitters with 15pc returns
Soul Patts has made strong returns in its $1.6b private credit business and CEO Todd Barlow says he’s not afraid of investing where others will not.
Just Jeans revamp emerges as bright spot in disappointing Myer result
The department store has made a string of changes as it turns around the business, with sales increasing at the denim outlet it has owned since last year.
Wirth’s Myer rescue mission is caught in the eye of the storm
The executive chairwoman is rebuilding the Australian icon after years of underinvestment. She’s making the right moves, but the market is not in a patient place.
Lip gloss and pens: Smiggle bets on beauty to spark growth turnaround
The retailing group controlled by billionaire businessman Solomon Lew has appointed former Just Group executive Georgia Chewing to lead a turnaround.
The stagflationary mix that has billionaire Solomon Lew worried
The veteran rag trader is confident his Peter Alexander and Smiggle chains can withstand the cost-of-living crunch. But he sees economic pain building.
Shares of big four banks at risk after RBA rate rise
Morgan Stanley has warned that earnings of Australia’s largest banks could fall by as much as 11 per cent if higher borrowing costs sends Australia into a recession.
Family-tracking app Life360 suffers savage write-down over AI fears
Analysts are rethinking the value of technology stocks, which have been heavily sold off this year, over fears their apps can be copied cheaply with AI platforms.
Cheapest booze is Hrdlicka’s line in the sand at Endeavour
Jayne Hrdlicka is making it very clear that Dan Murphy’s won’t give up price leadership. But the market is worried about the hit to earnings.
Life360 shares drop almost 16pc on slower user growth and AI fears
CEO Lauren Antonoff said she expected Life360 users to increase by 20 per cent this year to 115 million, but that growth would be faster in the second half of the year.
Star Entertainment to cut costs after $110m first-half loss
The results are the first for the embattled casino operator since Bally’s and the Mathieson family took over as majority owners.
February
Harvey Norman sales outlook sparks worries among investors
Looming interest rate hikes will test consumer spending, but the retail chain says gadgets such as AI-powered robot vacuum cleaners are helping boost numbers.
Coles says it is holding off resurgent Woolworths as sales disappoint
The supermarket’s chief executive, Leah Weckert, said the company and its larger rival were taking share off other grocery players amid intense competition.
Demand for Netflix-style mobile plans bolsters TPG Telecom profits
Consumers opting for cheaper, more flexible arrangements have helped the company take market share from its larger rivals Telstra and Optus in recent months.
Your parents’ idea of a supermarket is dying. Here’s what comes next
A surge in e-commerce sales is an indicator of what’s coming next in the grocery sales. And, yes it’s all about AI.
Virgin ponders more long-haul flights in bid to bolster loyalty scheme
The country’s second-largest airline reported better-than-expected earnings despite a dip in profit, and will spend two years assessing international expansion.
‘Enshittification’ of ASX is no joke. Something vital may be breaking
The wild share moves during reporting season have the whole market scratching its head. But they speak to a bigger worry about how the market actually functions.
EnergyAustralia plans retail revamp after competition dents profit
The CLP-owned energy group has pledged to modernise the technology in its retail business, after losing 83,000 customers in 2025 amid intense competition.
Yarra, Pendal and Ausbil name top picks from earnings season
From Dion Hershan to Crispin Murray, fund managers reveal their top picks from the rubble of company results where one investor has banned the word “volatility”.
The ‘meh’ reaction to Nvidia’s profit stunner shows that other AI risk
Investors are worried AI will smash software businesses, but concerns about too much spending on the infrastructure for too little in returns haven’t gone away.
