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Latest news: Earnings

Nine cops 38 per cent profit hit as ad revenue slips

Nine cops 38 per cent profit hit as ad revenue slips

Profits at media company Nine Entertainment have dropped after a record result the year prior as the industry battles declining ad revenue and the threat of AI.

Woolworths says cautious customers are cutting back

Woolworths says cautious customers are cutting back

Woolworths says cautious customers are cutting back

Woolworths says cautious customers are cutting back

Woolworths is tipping price rises in some categories after the supermarket giant posted a $1.62 billion full-year profit, up slightly on the previous year.

Domino's profit sliced 74 per cent as inflation bites

Domino's profit sliced 74 per cent as inflation bites

Domino's profit sliced 74 per cent as inflation bites

Domino's profit sliced 74 per cent as inflation bites

Pizza chain Domino's says it misstepped with its pricing strategy as it tried to walk the tightrope between higher costs and lower sales.

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Transurban names new CEO, ups distribution 41pct

Transurban names new CEO, ups distribution 41pct

Toll road operator Transurban says current chief financial officer Michelle Jablko will replace Scott Charlton as CEO in October.

New processor drives soundproof growth for Cochlear

New processor drives soundproof growth for Cochlear

Cochlear shares are up strongly after the hearing implant manufacturer beat estimates with a 10 per cent jump in underlying net profit.

JB Hi-Fi full-year profit dials down to $524m

JB Hi-Fi full-year profit dials down to $524m

Electronics retailer JB Hi-Fi says sales were up 4.3 per cent to $9.63 billion for the 12 months to June 30, but costs rose even more.

Murdoch's News Corp cops huge hit to full-year profits

Murdoch's News Corp cops huge hit to full-year profits

Despite a heavy drop in profitability for the financial year, News Corp bounced back in the second half and sees "auspicious conditions" ahead.

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James Hardie soars on strong first-quarter earnings

James Hardie soars on strong first-quarter earnings

James Hardie soars on strong first-quarter earnings

James Hardie soars on strong first-quarter earnings

Fibre cement building tile manufacturer James Hardie says its operating cash flow was up 64 per cent to a record $US252.3 million in the first quarter.

Credit Corp says Aust late debt supply 'constrained'

Credit Corp says Aust late debt supply 'constrained'

Credit Corp says Aust late debt supply 'constrained'

Credit Corp says Aust late debt supply 'constrained'

Australia's biggest debt buyer and collection agency says there hasn't been much in the way of delinquent debts available for purchase domestically.

Production call tempers lithium miner's record earnings

Production call tempers lithium miner's record earnings

Production call tempers lithium miner's record earnings

Production call tempers lithium miner's record earnings

IGO's shares have slid nearly five per cent as soft guidance for 2023/24 offset record fourth-quarter earnings.

Kogan.com returned to growth in 2H after cost-cutting

Kogan.com returned to growth in 2H after cost-cutting

Kogan.com returned to growth in 2H after cost-cutting

Kogan.com returned to growth in 2H after cost-cutting

Kogan.com has beaten earnings expectations despite a 22 per cent decline in sales, as efforts to control costs paid off.

KFC Australia posts record $1b in full-year sales

KFC Australia posts record $1b in full-year sales

KFC Australia posts record $1b in full-year sales

KFC Australia posts record $1b in full-year sales

Collins Foods says a decision to not fully pass on inflation resonated with customers, although it cut the company's profit margin.

Retail Food Group says rate hikes slowing sales growth

Retail Food Group says rate hikes slowing sales growth

Retail Food Group says rate hikes slowing sales growth

Retail Food Group says rate hikes slowing sales growth

Retail Food Group says sales growth has moderated to just 2.2 per cent over the past 21 weeks.

Now-profitable Task Group latest to leave NZX for ASX

Now-profitable Task Group latest to leave NZX for ASX

Now-profitable Task Group latest to leave NZX for ASX

Now-profitable Task Group latest to leave NZX for ASX

Task Group plans to change its incorporation from New Zealand to Australia and delist from the NZX to take advantage of the bigger opportunities in Australia.

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Latitude dividend unlikely following costly data breach

Latitude says it has set aside $46 million to cover costs related to the cyber theft of the personal data related to 7.9 million past and present customers.

Webjet beats expectations with $150 million turnaround

The online travel platform says travel is yet to fully recover from the pandemic but its business already has.

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