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Cashflow

Woolworths’ September quarter sales 4.1% higher

Woolworths sales for the September quarter are 4.1 percent higher on the corresponding quarter last year, with gross sales of $13.9 billion during the reporting period.

David Olsen · 2 min
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Franchising

The Athletes Foot grows shoe sales 11.6%

RCG Corporation, parent company of The Athlete’s Foot has posted a Net Profit After Tax of $6.9 million, some 30.6 percent higher than last year on the back of an 11.6 percent increase in sales from The Athlete’s Foot stores.

Paul Hayman · 2 min
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Cashflow

Woolworths Limited sales up 4.8 percent

Woolworths Limited has topped expectations, growing sales by 4.2 percent on last year, or 4.8 percent excluding Woolworth’s volatile petrol division.

David Olsen · 2 min
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Locked

Women more positive than men in business outlook

Women business operators are more positive about their prospects heading into 2011 and more likely to be aiming for significant business growth than their male counterparts, according to the latest Sensis Business Index released yesterday.

David Olsen · 2 min
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Cashflow

News Corporation’s profits hitch a ride on Avatar’s success

News Corporation yearly profit forecast is heavily influenced by the success of the blockbuster movie Avatar, but the company is warning that fourth quarter results may be lower than last years.

David Olsen · 2 min
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Locked

Franchise Recruitment Index figures out for 2009

Upon profiling its 2009 franchise start-ups, Mortgage Choice found a diverse collection of owners with widely varied career backgrounds.

David Olsen · 2 min
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Locked

International Womens Day survey results

A survey of around 300 women working in technology, carried out as part of the annual Telstra Females in Information Technology and Telecommunications (FITT) International Women’s Day (IWD) forum, has thrown some light on the success, or otherwise, of the original 1910 IWD Charter.

David Olsen · 2 min
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Locked

Woolworths profit soars 11.4 percent

Woolworths exceeded market expectations today with a reported 11.4 percent rise in first-half net profit for this financial year. In the half year (27 weeks) ending 3rd of January, Woolworths net profit was $1.09 billion, up 11.4 per cent compared to the same period last year. Share holders will be paid interim dividend of 53 […]

David Olsen · 2 min
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Locked

NAB earns billion dollar profit in Dec quarter

The effects of the global financial crisis are lifting, with the National Australia Bank posting unaudited cash earnings for the first quarter of approximately $1.1 billion, an increase of more than 20% on the fourth quarter of the 2009 financial year. In a further promising sign for the economy NAB’s charge for bad and doubtful […]

David Olsen · 2 min
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Locked

Superannuation results down in January

After finishing off 2009 on a high, the median superannuation growth fund industry average retreated 2.2% in January. This was largely because listed share and property markets went into reverse. The Australian share market was down 6.2% for the month, while international shares retreated 2.9% (unhedged) and 3.5% (hedged). Australian and global REITs (listed property) […]

David Olsen · 2 min