The value of Tyro transactions increased by 51 per cent last year compared to 2011.
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Myer cuts profit guidance as sales slump
Low foot traffic and a drop in sales in April, which has carried on into May, have forced Myer to re-evaluate its net profit after tax forecast for 2012 financial year.
Consumers are having trust issues
Trust was the key theme highlighted in IBM’s 2012 Smarter Consumer Study, which looks at the purchasing trends, habits and expectations of more than 28,000 consumers globally.
Just Group to focus on Smiggle, Peter Alexander
Premier Investments has reported a profit before tax of $54.1 million and a net profit after tax of $38.5 million for the first half-year 2012 financial year, down 2.4 per cent on the previous corresponding period.
Premier takes a big hit
The owner of brands such as Smiggle, Portmans and Just Jeans has taken a steep tumble as it announced its 2011 full year profit of $40.5 million, which is 49 per cent lower than the previous year.
Woolworths’ profits up 5.1%
Net profit rose from $2.04 billion to $2.12 billion from the previous year while revenue increased 4.9 per cent to $54.51 billion.
Property investments help Westfield
An increase in net property income and management and development income has been main drivers for WDC’s solid half year results to 30 June 2011.
RFG succeeds for the sixth year
The company, which is responsible for brands like Donut King, Michel’s Patisserie and Brumby’s Bakeries, announced a 5.7 per cent increase in core NPAT to $27.9 million.
JB Hi-Fi’s high hopes
The company expects its sales results in the financial year circa to be $3.2 billion despite reporting that comparable store sales growth was a negative 1.2 per cent for the financial year of 2011.