Patrick Hatch | Canberra Times
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Reporter for The Age

Coles' sales bounce back but earnings under pressure ahead of spin-off

Coles' sales bounce back but earnings under pressure ahead of spin-off

Coles has posted its best sales results in almost two years but warns that staff costs could put further pressure on its profits as it becomes a standalone company.

  • by Patrick Hatch

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Domino's Pizza savaged after falling short on profit and sales growth
Updated

Domino's Pizza savaged after falling short on profit and sales growth

Shares dive as much as 12 per cent after the fast-food giant reveals it missed its profit guidance and sales targets. 

  • by Patrick Hatch
JB Hi-Fi really hopes you'll want a talking fridge soon

JB Hi-Fi really hopes you'll want a talking fridge soon

The company says it is poised to cash in on the "internet of everything" revolution.

  • by Patrick Hatch
John Cootes Furniture closure will cost 135 jobs

John Cootes Furniture closure will cost 135 jobs

About 135 jobs will go with the closure of 12 John Cootes Furniture stores across NSW and the ACT.

  • by Patrick Hatch
JB Hi-Fi shrugs off price competition to post 12 per cent profit jump

JB Hi-Fi shrugs off price competition to post 12 per cent profit jump

Electronics retailer JB Hi-Fi's profit has jumped 12 per cent, despite its earnings margin falling as fierce competition forces its to cut prices. 

  • by Patrick Hatch
Left holding the market: Baby Bunting soars as rivals collapse

Left holding the market: Baby Bunting soars as rivals collapse

Baby Bunting and its investors see long-term gains on the horizon once the retailer has made it through the short-term pain caused by the collapse of the retailer's four largest competitors. 

  • by Patrick Hatch
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Investors seek answers to global headwinds and debt, says Weiss

Investors seek answers to global headwinds and debt, says Weiss

Geopolitical tension, high debt levels and the withdrawal of support by central banks are top of mind issues for investors, according to high profile businessman and director Gary Weiss.

  • by Patrick Hatch
Qantas, Virgin targeted over role in refugee repatriation

Qantas, Virgin targeted over role in refugee repatriation

The airlines face a public campaign and shareholder agitation designed to shame it into no longer transporting and deport asylum seekers and refugees for the Australian government.  

  • by Patrick Hatch
Myer board stuck by 'cloud cuckoo land' profit forecast, court told

Myer board stuck by 'cloud cuckoo land' profit forecast, court told

Myer's then boss Bernie Brookes told investors at its 2014 full year results that the company's profit would grow in the year ahead despite the board deciding a day earlier it could not reliably give such guidance, a court has heard.

  • by Patrick Hatch
'Plenty of opportunities' - Transurban doubles profit, looks for more

'Plenty of opportunities' - Transurban doubles profit, looks for more

The toll road giant has brushed off concerns it might be getting too big to bid for Australian projects.

  • by Patrick Hatch
Plastic toys vs plastic bags: Coles' Little Shop drove bag backflip
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Plastic toys vs plastic bags: Coles' Little Shop drove bag backflip

Coles told staff free bags would help it get customers quicker through checkouts during its popular Little Shop promotion.

  • by Patrick Hatch