Endeavour Group (ASX:EDV), the major Australian operator of Dan Murphy’s, BWS, and a significant hotel portfolio, has released its financial results for the first half of the 2026 financial year, covering the 27 weeks ended Jan. 4.
Group sales reached $6.7 billion, representing a modest increase of 0.9% over H1 FY25.
The growth was largely driven by positive customer response to price investments within its retail brands.
Specifically, Dan Murphy's and BWS saw Q2 sales growth of 2.2%, bolstered by a record-breaking December.
The retail segment achieved a positive H1 comparable store sales growth of 0.3%. The hotels division also performed strongly, maintaining a 4.5% sales growth through the second quarter.
Group underlying EBIT fell by 5.4% to $563 million, while statutory net profit after tax saw a sharper decline of 17.1%, dropping to $247 million. Underlying NPAT similarly dipped 6.7% to $278 million.
Despite the softened profit margins, the company remains focused on infrastructure, having upgraded 21 hotel venues and installed over 800 new EGMs.
The interim dividend per share has been set at 10.8 cents, a 13.6% decrease from the same period last year. Underlying cash realisation also softened slightly to 165%.