a2 Milk Company declares $300M dividend
The a2 Milk Company (ASX:A2M) declared a NZ$300 million special dividend after securing regulatory approvals in China.
The a2 Milk Company (ASX:A2M) declared a NZ$300 million special dividend after securing regulatory approvals in China.
Bubs Australia (ASX:BUB) expects full-year revenue to land between $105 million and $115 million.
Target Corp.'s turnaround gained traction last quarter, but the retailer worried investors after striking a more cautious tone about the coming months. The company that has been struggling to revive growth after a pandemic-fueled boom showed Wednesday that it's making progress. Comparable sales jumped 5.6% last quarter, the biggest increase since the end of 2021 and triple the gain analysts were expecting. The chain also raised its annual revenue guidance by 2 percentage points to about 4%. Target is looking to win back increasingly selective shoppers amid resurgent concerns about inflation as the conflict in the Middle East boosts gas prices. Competitors such as Walmart Inc. and Costco Wholesale Corp. have been gaining market share with low prices, increased online options and expanded selections. For more on Target's results, we speak with Jennifer Bartashus, Senior Retail Staples Analyst for Bloomberg Intelligence.
Synlait Milk (ASX:SM1) announced the resignation of CEO Richard Wyeth. He will remain with the firm until June 30.
Woolworths Group has reported a 4.5% increase in third-quarter sales to $18.1 billion, but the retail giant simultaneously warned of a potential hit to its profit margins.
Ethan Allen Interiors Chairman, President, & CEO Farooq Kathwari discusses the impact tariffs continue to have on US retailers, and how 'cautious' consumers are still looking to buy. he talks with Katie Greifeld and Scarlet Fu on "The Close."
Supermarket titan Coles (ASX:COL) announced emergency amendments to its freight levy agreements.
Australia’s fast food sector is hitting a decade-high growth spurt, with 359 new outlets opening last year despite the rise of appetite-suppressing drugs.
Coles Group (ASX:COL) booked group sales revenue of $23.6 billion for the first half of FY26, representing a 2.5% increase on the prior corresponding period.
Woolworths (ASX:WOW) has signalled a robust recovery in the first half of FY26, posting a 16.4% jump in net profit to $859 million.