Endeavour Could End Up Surprising Market With Strategic Overhaul -- Market Talk

Dow Jones

05/05

2340 GMT - Bell Potter retains a bullish call on the drinks-to-hotels group Endeavour, despite slowing sales, as the Middle East conflict rattles consumer confidence. Endeavour, which owns the Dan Murphy's and BWS brands, said retail sales in the second half of the 2026 fiscal year so far were 0.7% higher than a year earlier. But that represented a slowdown on the 2.9% growth achieved in 3Q. "Although the outlook for consumer spending has weakened due to the Middle East conflict and a worsening rate environment, we believe market expectations are low for the company's strategic refresh, leaving greater room for upside potential," analyst Baxter Kirk says. (david.winning@wsj.com; @dwinningWSJ)

(END) Dow Jones Newswires

May 04, 2026 19:40 ET (23:40 GMT)

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