Endeavour Group Provided Softer Fiscal Year 2026 Update, Though Better than Feared, Jarden Says

MT Newswires Live

Aug 06

Endeavour Group (ASX:EDV) provided a softer fiscal year 2026 update, albeit better than feared, Jarden said in a Thursday note.

Its fiscal year underlying net profit after tax was 4% below the market, with the second half underlying earnings before interest and taxes (EBIT) impacted by a 29% decline in second half retail EBIT. Concerns linger about the sustainability of the top line, without investing further into margin, with second half retail margins down 130 basis points year-over-year.

Endeavour is a strong business that needs to better leverage its brand to grow share of customer wallet, Jarden said. The management's comments regarding no further re-basing of prices and growing the top line are positive.

The investment firm retained its underweight rating and raised the price target to AU$3.20 per share from AU$3.10 per share.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.0a0bd8dc.png","ogUrl":"https://www.itiger.com/news/2657108504"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2657108504\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2657108504?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-08-06 13:47","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2657108504","market":"sg","top_or_hot":-1,"title":"Endeavour Group Provided Softer Fiscal Year 2026 Update, Though Better than Feared, Jarden Says","media":"MT Newswires Live","content":"<html><body><p> Endeavour Group (ASX:EDV) provided a softer fiscal year 2026 update, albeit better than feared, Jarden said in a Thursday note.</p><p>Its fiscal year underlying net profit after tax was 4% below the market, with the second half underlying earnings before interest and taxes (EBIT) impacted by a 29% decline in second half retail EBIT. Concerns linger about the sustainability of the top line, without investing further into margin, with second half retail margins down 130 basis points year-over-year.</p><p>Endeavour is a strong business that needs to better leverage its brand to grow share of customer wallet, Jarden said. The management's comments regarding no further re-basing of prices and growing the top line are positive.</p><p>The investment firm retained its underweight rating and raised the price target to AU$3.20 per share from AU$3.10 per share.</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Endeavour Group Provided Softer Fiscal Year 2026 Update, Though Better than Feared, Jarden Says</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nEndeavour Group Provided Softer Fiscal Year 2026 Update, Though Better than Feared, Jarden Says\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2026-08-06 13:47</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> Endeavour Group (ASX:EDV) provided a softer fiscal year 2026 update, albeit better than feared, Jarden said in a Thursday note.</p><p>Its fiscal year underlying net profit after tax was 4% below the market, with the second half underlying earnings before interest and taxes (EBIT) impacted by a 29% decline in second half retail EBIT. Concerns linger about the sustainability of the top line, without investing further into margin, with second half retail margins down 130 basis points year-over-year.</p><p>Endeavour is a strong business that needs to better leverage its brand to grow share of customer wallet, Jarden said. The management's comments regarding no further re-basing of prices and growing the top line are positive.</p><p>The investment firm retained its underweight rating and raised the price target to AU$3.20 per share from AU$3.10 per share.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK7040","symbol_name":"食品零售","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2657108504","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2657108504","pubTimestamp":1785995228,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Endeavour Group  provided a softer fiscal year 2026 update, albeit better than feared, Jarden said in a Thursday note.Its fiscal year underlying net profit after tax was 4% below the market, with the second half underlying earnings before interest and taxes  impacted by a 29% decline in second half retail EBIT. Concerns linger about the sustainability of the top line, without investing further into margin, with second half retail margins down 130 basis points year-over-year.Endeavour is a strong business that needs to better leverage its brand to grow share of customer wallet, Jarden said. The management's comments regarding no further re-basing of prices and growing the top line are positive.The investment firm retained its underweight rating and raised the price target to AU$3.20 per share from AU$3.10 per share.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK7040":"食品零售","EBIT":"Harbor AlphaEdge Small Cap Earners ETF","EDV.AU":"Endeavour Group Ltd"},"translate_title":"Jarden 表示，奋进集团提供了较为宽松的 2026 财年更新，但比担心的要好","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"EDV.AU":1,"EBIT":1},"content_text":"Endeavour Group (ASX:EDV) provided a softer fiscal year 2026 update, albeit better than feared, Jarden said in a Thursday note.Its fiscal year underlying net profit after tax was 4% below the market, with the second half underlying earnings before interest and taxes (EBIT) impacted by a 29% decline in second half retail EBIT. Concerns linger about the sustainability of the top line, without investing further into margin, with second half retail margins down 130 basis points year-over-year.Endeavour is a strong business that needs to better leverage its brand to grow share of customer wallet, Jarden said. The management's comments regarding no further re-basing of prices and growing the top line are positive.The investment firm retained its underweight rating and raised the price target to AU$3.20 per share from AU$3.10 per share.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}