Dan Murphy owner Endeavour falls on FY profit drop, Jefferies sees significant uncertainty

Endeavour

25/08/2025 06:57

Updates

** Australia's Endeavour Group EDV.AX falls as much as 3.1% to A$4.070; set for worst session since July 18

** Stock hits its lowest since August 11

** Liquor retailer posts 17% y/y drop in annual profit attributable

** Owner of Dan Murphy liquor shop brand reports 1.3% y/y fall in retail liquor sales for the first seven weeks of FY26

** Jefferies says the hotel segment continued to perform well, but subdued retail sales will make it hard to avoid further operating deleverage

** Says significant uncertainty remains ahead for new CEO, who is taking charge next year, and ahead of strategy refresh

** Brokerage expects further consensus downgrades and the stock to underperform

** Stock last down 1.4%, taking YTD losses to 1.2%

(Reporting by Rajasik Mukherjee and Kumar Tanishk in Bengaluru)

((Rajasik.Mukherjee@thomsonreuters.com))