Endeavour Group Ltd (AU:EDV) has released an update.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Endeavour Group Ltd has faced a $25 million hit to sales following industrial action at Woolworths-operated distribution centers in Victoria, impacting their supply chain. Despite the resolution of the dispute, the company continues to feel the effects as it works to replenish affected stores in Victoria, Tasmania, and southern NSW. This disruption, occurring during a critical trading period, was unforeseen in their earlier financial guidance.
For further insights into AU:EDV stock, check out TipRanks’ Stock Analysis page.
