Endeavour Group, the owner of Dan Murphy’s, BWS, and 354 hotels, has announced a 2.1% overall sales growth in the past three months. Despite a slowdown in liquor retailing before Father's Day, trade has picked up since then. Major shareholder Bruce Mathieson has been campaigning for a shake-up in the group.
Endeavour Group , owner of Dan Murphy’s, BWS and 354 hotels, generated overall sales growth of 2.1 per cent in the past three months.
The company announced on Monday that overall revenue was up 2.1 per cent to $3.09 billion, with the retail arm up 1.9 per cent to $2.54 billion and hotels revenue increasing by 2.8 per cent to $553 million.Endeavour chief executive Steve Donohue said there had been a slowdown in sales in August and in the lead-up to Father’s Day in the liquor stores, but trading had started picking up again.
But the campaign to install Mr Wavish has failed, proxy votes cast before Tuesday’s annual meeting have revealed. The proxy voteswill, however, deliver the 25 per cent vote needed to record a strike against the company’s remuneration report.
Endeavour Group Sales Growth Dan Murphy's BWS Hotels Liquor Retailing Father's Day Bruce Mathieson