Australia's Endeavour slips to one-week low on weaker HY results

Endeavour

03/03/2026 23:50

** Shares of Endeavour Group EDV.AX slip as much as 3.8% to A$3.83, hitting their lowest level since February 25

** Stock set for weakest intraday trading session since January 13

** Pub operator reports 6.7% drop in HY underlying NPAT to A$278 mln ($195.60 mln)

** Posts 17.1% drop in HY statutory NPAT to A$247 mln

** Confirms intention to maintain its combined Hotels and Retail portfolio

** Sales growth in both Retail and Hotels moderated in February compared to January — co

** Jefferies says Retail's 1.3% increase in sales growth for first seven weeks of H2 FY26 was below Visible Alpha consensus of 1.7% for H2

** YTD, stock up 4.6%, including the day's moves

($1 = 1.4213 Australian dollars)

(Reporting by Shivangi Lahiri in Bengaluru)

((shivangi.lahiri@thomsonreuters.com))