Tag Archives: performance

Metcash half-year results ‘pleasing amid challenges’

Metcash has reported that group revenue increased by 2.2 per cent to $6.2 billion for the half-year ended October 31 with all pillars delivering improved earnings. Food EBIT was up 2.4 per cent to $93 million. Group CEO Jeff Adams said the first-half results were “pleasing in the face of …

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ASCI publishes report on supply-chain performance

The Australasian Supply Chain Institute (ASCI) has announced the findings of a recent report into supply-chain performance. The report, ‘The State of Supply Chain Management’, is based on the institute’s yearly member survey of supply-chain managers. It found that the self-assessment performance score of their supply chains against eight components …

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Metcash share price jumps after AGM presentation

Metcash Limited enjoyed a jump in share price of over 10 per cent yesterday after releasing its AGM presentation. In the presentation, management gave a breakdown of the company’s performance in FY 2018. It also gave an update on its performance so far in FY 2019. In his opening address, …

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Wesfarmers Limited 2018 Third Quarter Retail Sales Results

Wesfarmers Managing Director Rob Scott said the sales performance of the Group’s retail divisions was pleasing, with most businesses demonstrating improved sales momentum in the latest quarter. Wesfarmers reported improved sales momentum across Officeworks (7.2 per cent sales growth), Kmart (10.2 per cent) and Bunnings Australia and New Zealand (8.9 …

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Woolworths’ customer focus driving comparable-sales growth

Woolworths recorded new highs in voice-of-the-customer (VOC) scores in the September quarter and maintained growth in customer transactions, driving comparable-sales growth of its Australian food division for the quarter despite a material increase in deflation driven by fruit and vegetables. Sales in the food division increased by 4.7 per cent …

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Australian supermarkets’ changing fortunes

Strong price competition between the major players caused total revenue in the supermarkets and grocery-stores industry to decline slightly in 2016-17, according to IBISWorld’s latest Checkout Update report for Q4 2017. The report, based on the latest financial data released by the major players, details how the $101 billion industry, …

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