Category Archives: Australian Retail Stocks

The group expects a better performance in fiscal year of 2018 Focusing on organic growth

Focusing on organic growth: The group expects a better performance in fiscal year of 2018 given their diversified business model, while expects an ongoing organic growth boosted by their International, Commercial and Coffee & Allied Beverages divisions. Domestic franchising of this division is forecasted to witness a better growth, driven by their initiatives for QSR Division and Michel’s Patisserie Brand System.

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Collins Foods Limited (ASX: CKF) recently finished their retail entitlement offer and offered over $44.1 million equity.

Collins Foods Limited (ASX: CKF) recently finished their retail entitlement offer and offered over $44.1 million equity. The group’s Net debt enhanced to $133.1 million after Germany acquisition leading to the Net leverage ratio of 1.59. But despite raising funds, the company’s net debt position looks high. The group’s statutory NPAT fell over 3.9% to $78.1 million, despite a topline rise

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Two food stocks to look at – Collins food Ltd and Retail food group

Collins Foods Limited (ASX: CKF) recently finished their retail entitlement offer and offered over $44.1 million equity. The group’s Net debt enhanced to $133.1 million after Germany acquisition leading to the Net leverage ratio of 1.59. But despite raising funds, the company’s net debt position looks high. The group’s statutory NPAT fell over 3.9% to $78.1 million, despite a topline rise

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Why Myer Holdings Ltd share tumbled?

Myer Holdings Ltd (ASX: MYR) has announced that as a result of continued weakness in retail trading conditions, and particularly in July, the Company now anticipates FY2017 NPAT (pre-implementation costs and significant items) to be between $66 million and $70 million. Myer anticipates FY2017 implementation costs (pre-tax) to be between $18 million and $20 million. Further, Myer has updated the

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