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Endeavour Group Limited (ASX:EDV)

ALERT: Price-sensitive ASX Announcement for EDV
Current share price for EDV : $3.540 0.29 (8.92%)+
Announcement
Release
30 Oct 2026 9:24AM
Price at Release
$3.250
Full Release
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Summary
Endeavour Group Limited’s F27 AGM Trading Update reported Q1 FY27 sales for the 14 weeks from 29 June 2026 to 4 October 2026, with Retail sales of $2,575 million up 3.0%, Hotels sales of $603 million up 1.9%, and total group sales of $3,178 million up 2.8% versus the prior corresponding period. Retail growth was driven by transaction growth at Dan Murphy’s, with promotional intensity remaining elevated, especially online, while Dan Murphy’s added three net new stores and BWS added two net new stores; however, late in the quarter Retail began cycling stronger prior-year comparatives following lower shelf prices and increased industry promotions. In Hotels, food and beverage sales benefited from a record 38% pub+ loyalty scan rate, gaming revenue was flat year-on-year as market activity moderated, and refurbishments and renewals remained on track with 34 expected by the end of H1. Managing Director and CEO Jayne Hrdlicka said Retail continued to outperform the broader liquor market despite a challenging macroeconomic backdrop, while Hotels faced softer discretionary spending due to cost-of-living pressures including higher fuel prices, and the group remains focused on value, service, and customer demand heading into the year-end holiday season.
Key Points
  • Q1 FY27 covers the 14 weeks from 29 June 2026 to 4 October 2026.
  • Retail sales were $2,575 million, up 3.0% on Q1 FY26.
  • Hotels sales were $603 million, up 1.9% on Q1 FY26.
  • Total group sales were $3,178 million, up 2.8% on Q1 FY26.
  • Retail growth was driven by transaction growth in Dan Murphy’s.
  • Promotional intensity remained elevated, particularly in the online channel.
  • Dan Murphy’s added 3 net new stores and BWS added 2 net new stores.
  • Retail began cycling higher prior-year sales at the end of Q1 after lower shelf prices and stronger industry promotional activity in the previous year.
  • Food and beverage sales in Hotels were supported by a record 38% pub+ loyalty scan rate.
  • Gaming revenue in Q1 FY27 was flat compared with Q1 FY26.
  • Hotel refurbishments and renewals were progressing to plan, with 34 expected to be completed by the end of H1.
  • Management said Retail has now delivered four consecutive quarters of sales growth, normalised for Easter timing.
  • The company expects customers to remain value-focused amid ongoing cost-of-living pressures.
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.