Retailer wrap: Harvey Norman posts positive results despite pessimism

Published on Fri, 03/12/2010, 02:58:14

|

Compiled By Keri Algar

SYDNEY, NSW: The Thorn Group is still riding high after last week’s number one placing in the listed retailer report, marked by the announcement that it will dump the Big Brown Box in favour of potentially more profitable ventures. This week's share price was up almost 10 per cent.

Harvey Norman was the only other retailer to post a positive result from last Friday’s summary, in spite of Gerry Harvey’s forthright comments regarding a pessimistic selling period ahead.

This week’s standings (last Friday’s close in brackets).

Harvey Norman: $3.03 ($2.99): +1.34%
JB Hi-Fi: $18.30 ($18.56): -1.40%
Thorn Group: $1.84 ($1.68): +9.55%
David Jones: $4.42 ($4.49): -1.56%
Woolworths: $26.40 ($26.95): -1.15%
Wesfarmers: $31.73 ($32.26): -1.64%
Myer: $3.56 ($3.72): -4.30%

Prices correct as of 3pm.
 








2,133
current latest news

New Laurastar LIFT - A New Way Of Ironing

Compact and light, LIFT is the first steam station with a handle that lets you take it everywhere from the ironing board to the hanger. It is as effective for a final touch on a hanging garment as for ironing a shirt on the board itself.

Wed 01/05/2013 01:16:14 / Read More »

Electrolux TURBOPRO stick mixer

The Electrolux TURBOPRO stick mixer combines excellent performance and powerful features. This intuitive stick mixer will take your cuisine to the next level, whether it's whisking an egg, grinding a curry paste or blending an icy cold cocktail.

Fri 26/04/2013 12:27:51 / Read More »

Electrolux Ultracaptic takes cleaning to a whole new hygienic level

The bagless vacuum cleaner that makes dirt and dust disposal a truly fuss-free affair! Coping with dust clouds, re-vacuuming spilled dirt and handling grubby tangles of hair with bare hands are now things of the past.

Fri 19/04/2013 10:53:16 / Read More »

TOPFIELD brings home entertainment to the fast lane - launches TF-12-3-A

The TOPFIELD-12-3-A: premium family pack for viewing on the go. Recognising a shift in consumer viewing trends, TOPFIELD has just launched its first in-car iPad accessory to ensure customers feel at home even when on the move.

Fri 15/03/2013 11:53:05 / Read More »
current join to free enews