Monthly Archives: November 2016

JB Hi Fi Ltd Good Guys acquisition

Good Guys acquisition: JB Hi Fi Ltd (ASX: JBH) sometime back announced that they finished their acquisition of The Good Guys and would be focusing in creating a market leading consumer electronics and home appliance retail group. For FY16, the company reported 8.3% growth in sales to $3.95 billion while EBIT improved 10.1% to $221.2 million and net profit grew

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Woolworths Ltd Ongoing efforts to revamp business

Ongoing efforts to revamp business:Woolworths Ltd (ASX: WOW) recently informed about removal of Woolworths Notes II from official quotation at the close of trading on November 29, 2016. WOW also announced about the resignation of CEO of Big W in just 10 months from appointment. Big W has pressurized Woolworths’ performance as company’s revenue fell 2.8% during 2016 with comparable

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Kathmandu Holdings Ltd Strong cash position

Strong cash position: Kathmandu Holdings Ltd (ASX: KMD) operating cash flow stands at 156.8% of its overall debt. Kathmandu generates enough surplus cash even after paying interest on its debt, which can be used to expand the business or pay dividends to shareholders. For FY16, company’s sales grew 4% to $425.6 million on same store growth of 1.6%. The gross

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Kogan.com Ltd Upgraded FY17 Outlook

Upgraded FY17 Outlook:  Kogan.com Ltd (ASX: KGN) has upgraded its FY17 outlook. Earlier in the prospectus, the company guided for EBITDA forecast for FY17 of $6.9 million, while the management now expects the same to be between $8 million – $9 million as compared to EBITDA of $4 million in the prior corresponding period. Management also dismissed the threat of

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Six stocks in retail sector

Upgraded FY17 Outlook:  Kogan.com Ltd (ASX: KGN) has upgraded its FY17 outlook. Earlier in the prospectus, the company guided for EBITDA forecast for FY17 of $6.9 million, while the management now expects the same to be between $8 million – $9 million as compared to EBITDA of $4 million in the prior corresponding period. Management also dismissed the threat of

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