Page 14 - Universal Store News Today

Brisbane rich lister snaps up popular Noosa hotel The co-founder of a leading youth clothing business has paid $13.9m for a well-known Sunshine Coast hotel, with some of the best views in the region. Property by Chris Herde Premium Content Subscriber only A Brisbane property and retail entrepreneur has snapped up one of the Sunshine Coasts favourite pubs with arguably Noosas best views. Sources at the auction said Greg Josephson paid $13.9m under the ...

Gina Rinehart leads high-profile cattle station sales Business by James Wagstaff Premium Content Subscriber only A collection of cattle stations bigger than some European countries has been listed for sale in northern Australia. Experts say a rush of rural properties on to the market in Queensland, Western Australia and the Northern Territory in recent weeks is being driven by record strong buyer demand stemming from low interest rates, soaring agricultur...

Image source: Getty Images At the small end of the share market there are a number of companies growing at a rapid rate. Two that stand out right now are listed below.  Here’s what you need to know about them: The first small cap to watch is Booktopia. It is an online book retailer which has really caught the eye since its IPO late last year. There was a time when many thought that Amazon’s launch in Australia would kill off Booktopia, but it certainly hasn’t been the...

Dusk, one of the best performers among recent floats, expects 2021 earnings to more than triple following a surge in demand for candles and home fragrances.

2 rapidly growing small cap ASX shares to buy James Mickleboro | April 5, 2021 9:45am | More on: Image source: Getty Images If you’re interested in adding some exposure to the small side of the market to your portfolio then you might want to take a look at the shares listed below. Here’s why these ASX small caps have been tipped as buys: Universal Store Holdings Limited  The first small cap to look at is Universal Store. It is a fashion retailer which delivers an ever...

Booktopia Group Ltd (ASX:BKG) and these ASX small cap shares could be the ones to watch in 2021. Here's why...

Harvey Norman faces JobKeeper heat as profits double Share Pretax profit ($m) 643.9 v 301.2 Net profit ($m) 464.3 v 217.1 Interim dividend 20c, payable on May 3  Harvey Norman chairman Gerry Harvey says the biggest issue for Australia’s largest furniture retailer is not whether it got government wage subsidies amid the biggest household spending boom in memory but where the business will be in 10 years. Mr Harvey, who owns more than 30 per cent of Harvey Norman, faces new pressure to return ...

Outlook for equities is the best Chris Stott has ever seen Feb 22, 2021 – 12.00am Share Chris Stott says he found his mind constantly drifting back to markets during a gap year spent on overseas adventures ranging from the mud, heat and humidity of the Kokoda Track to an Ashes Test at Lord’s in 2019. The fund manager, who made his name over 12 years at Wilson Asset Management from 2006 to 2018, says lots of options were on the table after Wilson, but the pull of markets was too strong to re...

At the time of writing, the fashion retailer’s shares are up 10% to $5.70. Why is the Universal Store share price surging higher? Investors have been fighting to get hold of the fashion retailer’s shares after it revealed that it expects to report a significant jump in its sales and earnings in the first half of FY 2021. According to the release, Universal Store’s first half sales were up 24% to approximately $118 million for the six months ended 31 December. Management advised that this ...