Latest Consumer Discretionary News

The Star Entertainment Group has finalized a crucial covenant waiver with its syndicated lenders, easing financial pressures ahead of its FY2025 audited report. This development clarifies ongoing negotiations and sets the stage for the company’s next financial chapter.

Webjet Group Limited has received a shareholder requisition backed by significant investors seeking to appoint new directors and remove recent board appointees, signaling potential shifts in company governance.

KMD Brands reported a slight revenue increase to NZD 989 million for FY25 but faced significant underlying losses, prompting a strategic reset. The company also reinforced its commitment to tackling modern slavery risks across its global supply chain.

Shriro Holdings has reversed its plan to delist from the ASX and scrap a $5 million share buy-back, now considering a special dividend to reward shareholders.

Domino’s Pizza Enterprises has updated its dividend announcement to include a DRP price of AUD 14.26 with a 1% discount, alongside an unfranked dividend of AUD 0.215 per share for the half-year ending June 2025.

Kogan.com Ltd has announced a fully franked ordinary dividend of 7 cents per share for the six months ending June 2025, alongside details of its Dividend Reinvestment Plan pricing.

Endeavour Group Limited has updated its dividend distribution details for the financial period ending June 2025, confirming a fully franked ordinary dividend and outlining currency options and reinvestment plan terms.

Maxiparts Limited has announced a fully franked ordinary dividend of AUD 0.0312 per share for the half-year ending June 2025, alongside confirmation of its dividend reinvestment plan price at AUD 2.57.

Retail Food Group announces the immediate resignation of CEO Matt Marshall, with Chairman Peter George stepping in as Executive Chairman to lead the company during a global search for a new CEO.

Tabcorp Holdings has finalized its Dividend Reinvestment Plan price at AUD 1.02 per share alongside an unfranked dividend of 1 cent per share for the first half of FY2025, payable mid-September.

PointsBet’s board has reaffirmed its recommendation for shareholders to accept MIXI Australia’s $1.25 cash takeover offer, while cautioning against betr Entertainment’s unsolicited scrip bid amid financial and control uncertainties.

Domino’s Pizza Enterprises faces ASX scrutiny following a steep share price fall after its FY25 results, with regulators seeking clarity on earnings disclosures and market expectations.