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While corporate travel races ahead of expectations, an overall disappointing first quarter update has left short sellers undeterred and analysts unmoved.
Collins Foods, which runs 264 KFC fast food outlets in Australia, lost $200 million in market value after saying its profit margins have tightened.
The online behemoth’s launch in Australia five years ago was underwhelming, but the holiday may be over for local retailers as it moves into a new growth phase.
JB Hi-Fi was a major beneficiary of the COVID work-from-home boom. But rising inflation and a weakening economy have analysts worried the good times may not last.
JB Hi-Fi was a major beneficiary of the COVID work-from-home boom. But rising inflation and a weakening economy have analysts worried the good times may not last.