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The Latest News from earnings

KFC franchisee takes hit as costs eat into profit

KFC franchisee takes hit as costs eat into profit

KFC and Taco Bell franchisee Collins Foods says its underlying profit was down by nearly a quarter in the first half.

ANZ profit falls as mortgage wars hit big four banks

ANZ profit falls as mortgage wars hit big four banks

ANZ profit falls as mortgage wars hit big four banks

ANZ profit falls as mortgage wars hit big four banks

The ANZ bank has joined the rest of the big four in recording a fall in annual profit, as a result of ongoing mortgage competition and high inflation.

Westpac's profit dips to $7b as mortgage stress eases

Westpac's profit dips to $7b as mortgage stress eases

Westpac's profit dips to $7b as mortgage stress eases

Westpac's profit dips to $7b as mortgage stress eases

Westpac has posted an annual profit of $7 billion and lifted its final dividend, in Peter King's last financial result as chief executive.

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Home loans boost Macquarie as profit disappoints

Home loans boost Macquarie as profit disappoints

Weaker commodities and markets revenues have hurt profits at financial services group Macquarie but its growing mortgage book has paid dividends.

Aussies willing to visit eight shops for groceries

Aussies willing to visit eight shops for groceries

The cost-of-living crunch is motivating more Aussies to shop around but it hasn't halted Coles sales growth, up 2.9 per cent in the first quarter.

Myer's brand new plan as in-house labels collar profit

Department store Myer is reviewing its operations as tough retail conditions and underperforming in-house brands are blamed for profit dipping 26 per cent.

Wait goes on for casino operator to deal out financials

Wait goes on for casino operator to deal out financials

Casino operator Star says it is still talking to regulators, state governments and lenders and isn't ready to file its overdue earnings report.

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Fight to save jobs as The Star's casino empire teeters

Fight to save jobs as The Star's casino empire teeters

Fight to save jobs as The Star's casino empire teeters

Fight to save jobs as The Star's casino empire teeters

Star Entertainment's financial woes have fuelled concerns for the future of thousands of casino jobs.

Star takes another hit as shares suspended from trading

Star takes another hit as shares suspended from trading

Star takes another hit as shares suspended from trading

Star takes another hit as shares suspended from trading

Star Entertainment has suffered another blow with its shares temporarily suspended from trading after the casino operator failed to file its earnings report.

Woolies registers big profit discount, says prices down

Woolies registers big profit discount, says prices down

Woolies registers big profit discount, says prices down

Woolies registers big profit discount, says prices down

Sales are up at Woolworths but writedowns on its New Zealand stores and drinks business have a taken a huge slice out of its $1.7 billion operating profit.

Higher interest rates hit on Endeavour Group's profit

Higher interest rates hit on Endeavour Group's profit

Higher interest rates hit on Endeavour Group's profit

Higher interest rates hit on Endeavour Group's profit

Endeavour Group says sales were up in 2023/24 but its profit dropped 3.2 per cent to $512 million as it paid more to service its $1.9 billion debt.

Woolies trims chicken deal but Inghams says it's paltry

Woolies trims chicken deal but Inghams says it's paltry

Woolies trims chicken deal but Inghams says it's paltry

Woolies trims chicken deal but Inghams says it's paltry

A rise in supermarket sales offset less consumers buying fast-food chicken but poultry giant Inghams has revealed its biggest customer has now cut its orders.

Supercheap Auto owner zooms ahead on record $3.9b sales

Supercheap Auto owner zooms ahead on record $3.9b sales

Supercheap Auto owner zooms ahead on record $3.9b sales

Supercheap Auto owner zooms ahead on record $3.9b sales

New stores have boosted Supercheap Auto with its owner reporting record full-year sales across its retail chains despite cost pressures and dampened consumers.

IAG to spend $350m on share buyback after profit jumps

IAG to spend $350m on share buyback after profit jumps

IAG to spend $350m on share buyback after profit jumps

IAG to spend $350m on share buyback after profit jumps

Insurance Australia Group says its financial position has improved, after growing its full-year profit by 7.9 per cent to $898 million.

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Ansell cuts dividend after profit drops by 48pct

Ansell is paying 16 per cent less in dividends for 2023/24 after net profit fell by almost half, as it looks forward to better growth in the new year.

Queensland real estate market set to rebound: Domain

Domain CEO Jason Pellegrino says Queensland's property market has shown signs of accelerating after a poor showing in 2023/24.

Telstra open to Foxtel Group sale, profit drops 12.8%

Telstra CEO Vicki Brady has cautioned that News Corp's decision making around selling Foxtel, of which the telco owns 35 per cent, was in its early stages.

Origin Energy eyes gas imports, longer life for Eraring

Electricity and gas giant Origin Energy warns Australia will need to import gas to meet domestic demand and taxpayers may have to pay to burn coal for longer.

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Profits plummet at Kerry Stokes' Seven West Media

As Seven West Media contends with allegations of a toxic workplace culture at its television network, profits plunge 69 per cent to $45 million.

Shareholders still cash in as CBA profit slips to $9.5b

Commonwealth Bank's net profit after tax was down six per cent to $9.5 billion in 2023/24 but Australia's biggest bank is increasing its dividend.

CSL share price bleeds as operating expenses rise

CSL shares were on track for their worst performance in 10 months after the blood products giant reported higher-than-expected operating expenses.

QBE doubles half-year net profit to $US802 million

Insurance group QBE has announced an almost two-fold improvement in its first-half profit on higher premiums and favourable investment returns.

Weight-loss drugs not lights out for ResMed: CEO

Sleep apnoea device manufacturer ResMed has continued to see revenue and net income grow, despite short-sellers claiming weight loss drugs threaten its market.

Macquarie reports subdued earnings, shares slide

Macquarie is taking a cautious stance and conservative approach to capital in 2024/25, as it looks forward to the opening of its new global HQ in Sydney.

Life360 eyes satellites for location tracking boost

ASX-listed Life360 says its net loss narrowed and customer base grew in the March quarter while it has unveiled a partnership with a "sci-fi" satellite company.

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