News for Universal Store Holdings Limited (UNI.AX)

Revenue: $288.5 million, up 9.7%.Underlying EBIT: $47.1 million, up 16.6%.Like-for-Like Sales Growth: Universal Store H2 up 6.6%, Perfect Stranger full-year up

In market close this afternoon we are discussing Droneshield, Universal Store Holdings, Flynn Gold, Lifestyle Communities, Vital Metals and BHP.

The Universal Store Holdings Ltd (ASX:UNI) share price has jumped 6% after a strong FY24 update with good sales and profit in FY24.

The ASX200 has closed the day trading flat. The sectors were split, with utilities in front, up more than 2 per cent.

Australia’s share market pushed higher on Wednesday, as the big miners tracked iron ore prices higher. At the close the S&P/ASX 200 (INDEXASX: XJO) was up 23.8 points, or 0.3 per cent, to 7,259.1 points, while the broader All Ordinaries (INDEXASX: XAO) index gained 22.7 points, also 0.3 per cent, to 7,469.1.

Australian retailers project robust dividends amid expansion plans

The Commonwealth Bank of Australia (ASX: CBA) share price jumped after reporting results. But was it really a good result for CBA shareholders? Stock Doctor's Daniel Ortisi takes a deep look.

The determining factor behind the gold price and what it says about the outlook for gold. Why real rates matter. The latest inflation and retail sales data. Retail stocks rebounded this week, but don't get too excited the bottom is in just yet. And we look at two stocks selling cheese and chicken. One of the stocks hasn’t aged nearly as well as a good Cheddar.

Have you made any big purchases lately? Or browsed the shopping centre with the intention of buying something nice? If you haven’t, you’re not alone. Consumers are cutting back…and retailers are feeling it. Read on for a breakdown...

Universal Store has upgraded its guidance on group sales to be in the range of $258 million to $261 million for FY23 with underlying EBIT also higher yet shareholders were downvoting shares by more than 27% on a bleak spending outlook.

There are a few ASX shares in my portfolio that I’m planning to own forever, like Washington H. Soul Pattinson and Co. Ltd (ASX:SOL).

The hot run of ASX IPOs continued in November and two recent listees saw shareholders that bought in at IPO, top up their holdings on market.

The ASX closed virtually flat today but there were no shortage of small cap winners, led by Antiviral biotechnology stock Biotron (ASX:BIT).

Marley Spoon (ASX:MMM) shares crashed from over $3 to under $1 but Perennial tips they'll bounce back - having become a substantial holder

The biggest director trade on the ASX in the past fortnight came from one of Australia's most famous pub barons - Bruce Mathieson.

ASX fund managers made several reopening trades in early September into stocks such as Universal (ASX:UNI), City Chic (ASX:CCX).