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Endeavour Group Limited (ASX:EDV)

ALERT: Price-sensitive ASX Announcement for EDV
Current share price for EDV : $3.180 -0.21 (-6.19%)+
Announcement
Release
24 Aug 2026 7:53AM
Price at Release
$3.390
Full Release
download
Summary
Endeavour Group Limited's F26 results presentation detailed a mixed performance with slight growth in overall sales and challenges in profit margins. The retail segment saw a modest sales increase of 0.7%, while the hotels segment experienced a stronger sales growth of 4.2%. However, the overall group underlying EBIT declined by 8.7% due to a decrease in gross profit margin in the retail segment and cost inflation pressures. Notably, the company continued to invest in growth, opening new stores and renewing hotels, while facing significant items impacting profits, including supply chain constraints and strategic restructuring costs. Endeavour Group has also aimed to enhance its customer value propositions and efficiency through strategic initiatives across its retail and hotel operations.
Key Points
  • Group sales up by 1.3% compared to F25.
  • Retail sales increased by 0.7% to $10.0 billion.
  • Hotels sales grew by 4.2% to $2.2 billion.
  • Underlying Group EBIT declined by 8.7%.
  • Significant investment in new stores and hotel renewals.
  • Strategic focus on cost reductions and efficiency improvements.
  • Faced supply chain challenges impacting inventory and costs.
  • Introduction of strategic initiatives targeting $300m in cost savings by F29.
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.