Key points
- Retail sales increased by 0.7% to $10.0 billion, with online sales growing by 34.8%
- Hotel sales increased by 4.2% to $2.2 billion, with comparable sales growing by 4.4%
- Group underlying EBIT fell by 8.7% to $845 million
- Group statutory NPAT was $52 million, down 87.8% from F25
- Board declared a fully franked final dividend of 1.2 cents per share
Full summary
Endeavour Group Ltd announced its full-year F26 financial results, reporting a 1.3% increase in group sales to $12.2 billion. Retail sales increased by 0.7% to $10.0 billion, with online sales growing by 34.8%. Hotel sales increased by 4.2% to $2.2 billion. However, group underlying EBIT fell by 8.7% to $845 million, and statutory NPAT was $52 million, a significant drop of 87.8% compared to the previous financial year. The company declared a fully franked final dividend of 1.2 cents per share. The Group's retail business saw positive momentum as customers responded well to lower shelf prices and increased promotional competitiveness. Hotel sales growth improved in the second half of the year. The Group is executing strategic initiatives to simplify operations, drive customer orientation, and improve guest experiences.
Guidance
Endeavour Group expects capital expenditure of $550-$650 million in F27, with a focus on transformation initiatives.
Outlook
The outlook for consumer spending remains uncertain due to ongoing cost of living pressure, geopolitical tensions, and potential interest rate hikes.