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Endeavour Group Limited (ASX:EDV)

ALERT: Price-sensitive ASX Announcement for EDV
Current share price for EDV : $3.370 -0.05 (-1.46%)+
Announcement
Release
4 May 2026 8:28AM
Price at Release
$3.420
Full Release
download
Summary
Endeavour Group Limited reported a Q3 F26 sales growth of 2.9% in Retail and 3.7% in Hotels, with H2 F26 HTD sales growth at 0.7% for Retail and 3.7% for Hotels. The report highlights proactive inventory management in response to the Middle East conflict, anticipating increased supply chain costs due to elevated fuel and freight prices, expecting an increase between $6 million and $8 million. The Group is focused on significant cost reduction initiatives, targeting $100 million in savings for F27. Retail sales were driven by strong brand presence and promotional activities, while hotel sales growth slowed towards the end of Q3 due to cost of living pressures. Further updates on the business impact of the Middle East conflict will be provided in August 2026.
Key Points
  • Q3 F26 sales growth of 2.9% for Retail and 3.7% for Hotels.
  • H2 F26 HTD sales growth of 0.7% for Retail and 3.7% for Hotels as at week 43.
  • Endeavour Group is investing in inventory to mitigate supply chain risks from Middle East conflict.
  • Elevated fuel and freight prices are expected to increase H2 F26 supply chain costs by $6m to $8m.
  • The Group is targeting $100 million in cost savings in F27 through cost reduction initiatives.
  • Retail business experienced sales growth due to strong brand presence and promotional activities during Easter.
  • Hotel sales momentum moderated due to increasing cost of living pressures.
  • The Group will provide further updates on the Middle East conflict impact in August 2026.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.