Business

Harvey Norman

Harvey Norman optimistic about FY10

Harvey Norman Holdings is optimistic about the rest of the financial year after lifting first half profit by 59.9 per cent and increasing its interim dividend.

Harvey Norman expansion plans back on agenda

Harvey Norman.

Eli Greenblat Furniture and electronics retailer Harvey Norman has three new store openings planned for the next few months as it prepares for a return to boom times.

$15m for Harvey Norman co-founder

Michael Evans Ian Norman, the reclusive cofounder of Harvey Norman retail chain with Gerry Harvey, paid himself nearly $15 million in dividends from his private company Dimbulu last year.

Harvey Norman quiet on Christmas

Eli Greenblat Harvey Norman has reaffirmed its guidance of a 40 per cent rise in first-half pre-tax profit but has failed to provide commentary on the crucial Christmas trading period.

Harvey Norman H1 sales up 4%

Retailer Harvey Norman Holdings has reported a four per cent increase in first half sales and expects first half profit to increase by more than 40 per cent.

Harvey Norman gives upbeat outlook

Gerry Harvey CEO Harvey Norman

Eli Greenblat Harvey Norman reports a 4 per cent increase in first-half sales and says it expects first-half profit to increase by more than 40 per cent.

Harvey Norman figures it leaves rest standing

Eli Greenblat Harvey Norman boss Gerry Harvey says the furniture, electronics and bedding group is growing at almost double the rate of the broader retail sector.

Harvey Norman reports 4.3% rise in sales

Furniture and electronics retailer Harvey Norman Holdings Ltd's sales for the September quarter increased by 4.3 per cent.

Harvey Norman shares slump on sales growth

Eli Greenblat Harvey Norman's first quarter total sales grew 4.3 per cent, coming in lower than expected.

Jingle tills as Harvey Norman looks forward to a Merry Christmas

Barry FitzGerald HARVEY NORMAN has delivered a pre-festive season boost for the retail industry by forecasting a 40 per cent increase in its latest half year pre-tax profits compared with the gloomy Christmas 12...

Harvey Norman expects H1 up at least 40%

Harvey Norman says sales from its store were up 7.7% in the last five months and expects its HI profit to jump more than 40%, predicting a strong Christmas.

Harvey Norman exec pay packages praised

Shareholders of Harvey Norman Holdings have praised the retailer for its reasonable executive pay packages, with some hoping other companies would follow suit.

Shareholders happy with Harvey Norman exec pay

Shareholders praise retailer for its executive packages, with some hoping other companies will follow its example.

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 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.

Stocks flat as miners offset bank gains

The Australian share market closed flat after eight consecutive trading day gains, as weaker mining stocks offset a stronger financial sector.

Resource surge pushes stocks higher

The Australian share market closed higher, supported by a buoyant resources sector and solid economic data.

Poor earnings results drag market down

The Australian share market closed lower on broad-based falls after fresh worries about Greece's debt problems and as the bourse digests local earnings results.

Asian firms to boost share portfolios

Lema Samandar Share portfolios can offer rewarding returns by including Asian-based companies because of the region's strong growth, a global investment house says.

Retailers struggling under discounts

Increased discounting of goods in the retail sector is sending some retailers broke, Harvey Norman chairman Gerry Harvey says.