Coles has help driven Wesfarmers to a achieving a full-year net profit after tax of $2.1 billion, up 10.6 per cent from the previous year.
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Country Road’s sales decline
Country Road has joined the long list of retailers reporting a contraction in their sales where it saw its Australasian sales fall 2.6 per cent.
DJs’ sales continue to drop
David Jones’ total sales continue to fall with third quarter reports decline 2.9 per cent compared to the same period last year from $411.7 million to $399.8 million.
Woolworths to focus on Masters expansion
Woolworths’ net profit after tax has dropped more than 16 per cent to $966.9 million, as a result of the Dick Smith restructure but said there are plans for future grwoth in the home improvement market.
Domino’s dominates pizza market
Pizza chain Domino’s Pizza Enterprises has lifted half year net profit after tax by 23 per cent from the corresponding period last year to $12.6 million.
Woolworths’ strong first half 5% increase
Woolworths has produced what has been described as “solid” half-year results with sales reaching $29.7 billion, a 5 per cent increase on the previous year.
David Jones’ sales dive 11.2%
David Jones has blamed the ‘wealth effect’ for why it has taken a steep beating this first quarter down to $414.3 million compared to last quarter’s $466.6 million.
Metcash posts 6.1% profit lift
It said that its profit after tax grew from $227.6 million to $241.4 million for the year to 30 April 2011 but still expects market conditions to remain challenging for the rest of the calendar year.
DJs counts on aggressive discounting
David Jones has reported total sales revenue of $411.7 million for the third quarter of the 2011 financial year being the period 30 January 2011 to 30 April 2011.