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Business Description: David Jones Limited (DJS) is a leading upmarket retailer with stores throughout Australia. The Group operates 35 department stores and 2 warehouse outlets. DJS and American Express in joint venture run a David Jones branded credit card.
Strategy Analysis:
David Jones reported NPAT down 1.5% to $168.14m for the year ended 30 July 2011. Revenues from ordinary activities were $1.96bn, down 4.4% from last year. Diluted EPS was 32.4 cents compared to 33.0 cents last year. Net operating cash flow was $182.44m compared to $203.92m last year. The final dividend declared was 15 cents, taking the full year dividend to 28 cents compared with 30 cents last year. The company's AGM will be held in Sydney at 10:00am on 2 December 2011. The annual report is expected to be available on 28 October 2011.
The Age 26/05/2012 | I WAS reading some old Marcus Today newsletters. From 2003. Let me take you back and allow you to exercise the power of hindsight:
The Age 25/05/2012 | RADIO People are six times more likely to go to an advertiser's website if they have heard the ad on radio, according to research by Colmar Brunton, released by Commercial Radio Australia. The research showed that radio advertising has an immediate effect on people's digital activity, with more than three-quarters of those exposed to advertising visiting a website or Facebook page or searching for the brand online within 24 hours. Commercial Radio Australia chief executive Joan Warner said the ...
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