Booze Group's Price Strategy Pays Off, but Profit Falls
Lower shelf prices lifted retail sales to $10 billion, but Endeavour’s profit fell after margin pressure and a $311 million writedown.
9 Articles
9 Articles
Endeavour Group trades margin for share at Dan Murphy’s and BWS
Endeavour Group’s focus on price competitiveness in its retail business has boosted sales, but eroded its bottom line. The liquor and hotel group announced a 1.3 per cent increase in sales to $12.2 billion on Monday, but underlying earnings before interest and tax slid 8.7 per cent to $845 million. “Sales momentum in retail is building with customers responding positively to our renewed focus on value and price leadership,” said MD and CEO Jay…
Endeavour profit falls as pricing strategy weighs on retail earnings
Endeavour Group has reported a sharp fall in profit for the 2026 financial year, as investment in lower liquor prices, cost inflation and expenses associated with its transformation strategy weighed on earnings. Group sales increased 1.3 per cent to $12.21bn, but underlying earnings before interest and tax (EBIT) fell 8.7 per cent to $845m. Underlying net profit after tax declined 14.8 per cent to $363m, while statutory profit fell 87.8 per cent…
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