Moody’s Investor Services has today dropped Woolworths’ credit rating.   Woolworths’ credit rating has been reduced from Baa2 to Baa1 with Moody’s Vice President Ian Chitterer saying the decision...

Murray Goulburn says it is feeling the impact of a troubled dairy industry, revealing a slump in net profit to shareholders.   The dairy company, which owns the Devondale brand, announced a net profit...

Domino’s Pizza has today reported a net profit of AUD$45.6 million for the six months ended the 31 December 2015.   This is an increase of 56.7 per cent on the previous year’s results for the...

Coopers brewery group has continued to grow despite Australia’s dropping consumption of beer reporting strong sales for the 12 months ended the 31 December 2015.   For the 2015 calendar year Coopers...

ASX-listed Collins Foods, which owns KFC and Sizzler restaurants in Australia, has reported profit growth for the six months ending the 18 October 2015.   Total revenue was reported as AUD$269.7 million,...

Australia’s ASX-listed grocery wholesaler Metcash has reported a 20 per cent increase in profit after tax for the six months ended 31 October 2015.   The company has however said that whilst improvements...

Australian leading walnut producer Webster Limited yesterday announced that a ‘nut set issue’ will likely impact the company’s 2016 crop yield.   Although Webster says the impact on the 2016...

Keeping things simple and focusing on productivity have been listed amongst the reasons for Coles successful first quarter financial results in the 2016 financial year.   Parent company Wesfarmers...

Aldi has opened up about its profits and taxes in a submission to the Federal Senate inquiry into tax avoidance. In the submission, Aldi outlined how much it earnt and how much tax it paid to the Australian...

Coles has seen success but there is a lot more hard work ahead according to Managing Director John Durkan. Coles has seen success but there is a lot more hard work ahead according to Managing Director...