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Kathmandu widens first quarter margins as sales drop; expects higher 1H profit

Kathmandu widens first quarter margins as sales drop; expects higher 1H profit

By Sophie Boot Nov. 21 (BusinessDesk) - Kathmandu Holdings, the outdoor equipment retailer set to hold its annual meeting on Friday, says its first-quarter earnings were up despite sales dipping as it widened margins by selling less sale stock. In the 16 weeks to Nov. 19, g...

Sophie Boot 21 Nov 2017
A2 Milk revenue, profit pushes higher in first four months of FY18

A2 Milk revenue, profit pushes higher in first four months of FY18

By Rebecca Howard Nov. 21 (BusinessDesk) - A2 Milk, which markets milk with a protein variant said to have health benefits, says both revenue and net profit jumped in the first four months of the current financial year as it continues to benefit from strong demand for its infa...

Rebecca Howard 20 Nov 2017
New York-listed Mohawk Industries to buy Australasian carpetmaker Godfrey Hirst for undisclosed amount

New York-listed Mohawk Industries to buy Australasian carpetmaker Godfrey Hirst for undisclosed amount

By Paul McBeth Nov. 21 (BusinessDesk) - Global flooring manufacturer Mohawk Industries has agreed to buy Australasian carpetmaker Godfrey Hirst, known domestically for acquiring failed rival Feltex more than a decade ago.  No price was disclosed in the transaction, which is...

Paul McBeth 20 Nov 2017
UPDATE: F&P Healthcare first-half profit rises 4%, lifts forecast for annual earnings

UPDATE: F&P Healthcare first-half profit rises 4%, lifts forecast for annual earnings

Tina Morrison 20 Nov 2017
Arvida's 1H net profit dips on lower portfolio valuation

Arvida's 1H net profit dips on lower portfolio valuation

Rebecca Howard 20 Nov 2017
Argosy first-half profit drops 58% on unchanged portfolio valuation, dip in rentals

Argosy first-half profit drops 58% on unchanged portfolio valuation, dip in rentals

Paul McBeth 20 Nov 2017
Artificial Intelligence automates tasks, not jobs, Chapman Tripp says

Artificial Intelligence automates tasks, not jobs, Chapman Tripp says

Rebecca Howard 20 Nov 2017
NZ dollar little changed near 17-month low ahead of dairy auction

NZ dollar little changed near 17-month low ahead of dairy auction

Jonathan Underhill 20 Nov 2017
First NZ Capital eyes wider product offering with Direct Broking deal

First NZ Capital eyes wider product offering with Direct Broking deal

Paul McBeth 20 Nov 2017
While you were sleeping: Wall Street moves higher

While you were sleeping: Wall Street moves higher

Margreet Dietz 20 Nov 2017
MARKET CLOSE: NZ shares up, Metro Glass gains on 1H results and Kathmandu, Fisher & Paykel gain ahead of earnings

MARKET CLOSE: NZ shares up, Metro Glass gains on 1H results and Kathmandu, Fisher & Paykel gain ahead of earnings

Sophie Boot 20 Nov 2017
NZ dollar gains vs euro after German coalition talks break down

NZ dollar gains vs euro after German coalition talks break down

Rebecca Howard 20 Nov 2017
UPDATE: MetroGlass says it could have communicated better as sales growth slowed

UPDATE: MetroGlass says it could have communicated better as sales growth slowed

Jonathan Underhill 20 Nov 2017
NZME should pay no cash if Fairfax media merger allowed, says FNZC

NZME should pay no cash if Fairfax media merger allowed, says FNZC

Pattrick Smellie 20 Nov 2017
First NZ Capital to buy ANZ's DIrect Broking for undisclosed sum

First NZ Capital to buy ANZ's DIrect Broking for undisclosed sum

Paul McBeth 20 Nov 2017
Motor Trade Finance braces for auto industry disruption with brand refresh; earnings fall

Motor Trade Finance braces for auto industry disruption with brand refresh; earnings fall

Sophie Boot 20 Nov 2017
NZ food prices ease 0.1% on month in October on cheaper produce, groceries

NZ food prices ease 0.1% on month in October on cheaper produce, groceries

Rebecca Howard 19 Nov 2017
RESEND: Red Stag Timber takes Juken NZ to court over J-Frame labelling

RESEND: Red Stag Timber takes Juken NZ to court over J-Frame labelling

Tina Morrison 19 Nov 2017
NZ services sector dips in October, supply-side indicators weaken

NZ services sector dips in October, supply-side indicators weaken

Sophie Boot 19 Nov 2017
Kiwi Property first-half profit rises 5% on rental income growth; portfolio valuations flat

Kiwi Property first-half profit rises 5% on rental income growth; portfolio valuations flat

Paul McBeth 19 Nov 2017
Evolve says 1H profit dropped as expected, maintains 2018 forecast

Evolve says 1H profit dropped as expected, maintains 2018 forecast

Sophie Boot 19 Nov 2017
Blis reports 1H net loss as revenues tumble

Blis reports 1H net loss as revenues tumble

Rebecca Howard 19 Nov 2017
Bethunes shareholders to vote on Transport Investments Ltd deal next month

Bethunes shareholders to vote on Transport Investments Ltd deal next month

Paul McBeth 19 Nov 2017
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