RETAIL SALES News & Analysis

We believe there is upside despite weak performance this year.

Sales growth misses our expectations and we downgrade our earnings outlook for 2024 and 2025.

While attractive from a valuation standpoint we do not believe this A-REIT warrants a moat and is highly leveraged.

 Declining sales point to softening consumer demand and lower near-term profits. 

It’s got the balance sheet to do it, but it lags behind larger rival Woolworths.  

Australia's best known conglomerate has spent more on ecommerce but the stock market is possibly overestimating its growth potential, says Johannes...

The pure-play online retailer’s inventory overload has prompted more promotions and lower gross profit margins, says Morningstar.  

The retail giant's strong balance sheet will help it navigate the shift to online shopping and capitalise on the return to normal life, says...

Morningstar director of equity research Johannes Faul looks at home improvement retailer Bunnings.

Morningstar equity analyst Johannes Faul explores the flipside to the surge in growth in online sales.