Grafa News and Videos — Page 98

Reece (ASX:REH) increased its FY26 sales revenue by 4.5% to $9.38 billion.

PLS Group (ASX:PLS) reported a net profit of $526 million for the 2026 financial year following increased production.

Cash Converters (ASX:CCV) reported a 2026 financial year revenue increase to $429.2 million, driven by store acquisitions.

One Nation clarified its net overseas migration target, confirming a strict cap of 130,000 arrivals.

• Pharos Network has launched PGNGI+, an on‑chain infrastructure fund product linked to Partners Group, extending its RealFi ecosystem beyond basic DeFi into tokenised infrastructure income rights.
• Pharos currently holds about US$127.75 million in active RWA value and US$6.79 million in DeFi TVL, which is materially smaller than leading RWA platforms such as Ondo ~US$3.44b TVL, Securitize ~US$4.96b, Maple ~US$2.23b and Centrifuge ~US$1.63b.
• The broader RWA sector is fragmenting by niche - tokenised funds and Treasuries Ondo, Centrifuge, institutional credit, and regulated issuance across many chains - with competition centred on institutional access, compliance frameworks and on‑chain liquidity.

• The Australian Competition and Consumer Commission executed search warrants at the offices of WiseTech Global regarding past acquisitions and software pricing practices.
• The company's shares recently traded lower at $39.58 following the regulatory action, adding pressure to its software sector valuation.
• Industry executives report that compliance reviews and stricter competition oversight remain key risks across the global technology sector.

• The Home Depot (NYSE:HD) reported fiscal Q2 2026 sales of $47.9 billion, up 5.7%, as comparable sales increased 1.7%.
• Lowe’s, Tractor Supply, Floor & Decor and Williams-Sonoma are facing similar consumer spending pressures across home projects, repairs and discretionary purchases.
• The sector outlook depends on housing activity, interest rates, consumer confidence and whether delayed renovation demand returns.

• Guzman y Gomez posted $1.38 billion in FY26 network sales but logged a $26.7 million statutory net loss due to one-off costs from closing its US operations.
• The company generated $53.4 million in underlying net profit after tax.
• Rising capital demands abroad are forcing quick-service dining brands to pivot towards local restaurant rollouts, margin expansion, and higher dividend payouts.

• Ethereum is evaluating 66 proposals for its upcoming Hegotá upgrade, with FOCIL already chosen as the consensus-layer headliner and other ideas targeting privacy, account abstraction and censorship resistance.
• Ethereum still dominates DeFi with about US$41.35 billion in TVL, well ahead of Solana ~US$4.82b, BNB Chain ~US$4.87b, Avalanche ~US$0.43b and Cardano ~US$0.06b.
• Each rival chain is also upgrading—Solana on speed and client diversity, BNB Chain via the Pasteur hard fork, Avalanche with Helicon execution/validator changes, and Cardano through on-chain governed hard forks - creating different trade-offs in speed, security, governance and scalability.

• Reliance Worldwide received a $4.1 billion cash takeover proposal from Brookfield Capital Partners, alongside a drop in its full-year net profit to US$6.3 million.
• Building and plumbing product suppliers face compressed net margins due to US import tariffs, manufacturing rationalisation costs, and softer residential housing construction.
• Industry leaders are withholding dividends, exiting low-margin product lines, and evaluating private equity proposals to preserve operational liquidity.