Endeavour Group Ltd (AU:EDV) has released an update.
Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
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.
Trending Articles
- ‘Don’t Chase the Rally,’ Says Investor About Archer Aviation Stock
- ‘Robotaxi Is No Game-Changer,’ Says Analyst About Tesla Stock
- Can Super Micro Computer Stock Rebound to $60? Here’s What This Analyst Expects
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
