Business

David Jones

David Jones posts record first-half profit

David Jones

Retail giant David Jones posts its highest first profit since it listed in 1995 and reaffirms profit growth guidance for the next two years.

ASX edges higher

The Australian share market had edged 0.6 per cent higher by noon on firmness among major financial and resources stocks after a positive Wall Street lead.

Stocks to watch

Stocks to watch on the Australian stock exchange at noon:

DJs first-half profit gains 10.2%

David Jones Ltd increased first-half profit 10.2 per cent as the department store chain reaffirmed profit growth guidance of between five and 10 per cent.

DJs cuts costs via supplier competition

Lema Samandar Department store David Jones says it has been able to cut costs since 2004, and will continue to do so, by getting its suppliers to compete for all contracts.

David Jones H1 sales up 2.3%

Department store David Jones Ltd has increased its first half sales by 2.3 per cent and sharply raised its interim and second half profit guidance.

David Jones flags higher dividend

David Jones upgrades its earnings outlook as it reports 3.1 per cent growth in second-quarter sales.

David Jones full year profit up 6.3%

Department store owner David Jones Ltd has posted a 6.3 per cent rise in annual profit on the back of stronger revenue, with sales better than expected.

David Jones enjoys Q1 sales lift of 2.2%

David Jones Ltd says its first quarter sales have increased by 2.2 per cent and that it is well prepared for the Christmas trading period.

David Jones banking on a merry Christmas

Eli Greenblat David Jones CEO Mark McInnes sees a 'polar opposite' Christmas from a year ago as shoppers grow more confident.

Late gains push stocks higher

Late gains pushed the share market to close in positive territory after range-bound trading that ignored an upbeat assessment of the economy by the RBA.

Stocks tipped to open week flat

Drew Cratchley Shares are is expected to begin the week on a steady note with world markets maintaining a slow rise as concerns about recession and national debts dissipate.

Sales key to Myer share price boost

Malcolm Maiden time out.

Malcolm Maiden Bernie Brookes reckons he and his executive team have done everything they can to get Myer's revenue and profit lines flying. The problem is, everything isn't enough.

Finance week ahead March 15-19

The week ahead: March 15-19

Myer's new owners pay price of being sold to

Ian McIlwraith How come private equity owners get to shuffle selling charges on to buyers?

Quality control in the bag

Oroton.

Refusing to undercut luxury was Oroton's saving grace, writes Eli Greenblat.

Myer cautious as consumers turn wary

Myer

Excluding the cost of its share float, Myer posted a first-half profit but is less confident about the outlook.

DJs announces new non-executive director

Department store David Jones Ltd has appointed Philippa Stone as a non-executive director, effective on Tuesday.

Oil rallies on economic data

Oil prices rallied on Friday as traders applauded a better-than-expected US jobs report suggesting recovery in the world’s biggest energy-consuming economy is gaining traction.

Stocks end higher for 8th straight day

The share market recorded its eighth straight session of gains to close higher after stronger than expected economic indicators turned around early losses.