Endeavour Group Q3 sales rise as retail and hotels gain ground

Endeavour reveals $100m savings program in shadow of Middle East war

Endeavour Group has initiated a cost reduction program targeting $100 million in savings, as it works to mitigate the impact of the conflict in the Middle East. The group expects the program to deliver $100 million of cost savings in FY27. This comprises savings from store cost optimisation, labour efficiencies, centralised administration, procurement savings and support office headcount reduction. According to management, simplifying the busine…

Endeavour Group sales growth continues as group targets $100m in cost savings

Endeavour Group (EG) has reported third-quarter FY26 sales growth of 2.9 per cent in retail and 3.7 per cent in hotels. However, second-half growth to date has softened to 0.7 per cent in retail, and 3.7 per cent in hotels. EG said it is actively managing the impact of the conflict in the Middle East to minimise the risk of supply disruption, mitigate fuel and freight costs, and “ensure maximum commercial resilience and appropriate inflation man…

Endeavour Group Q3 sales rise as retail and hotels gain ground

The Endeavour Group Ltd (ASX: EDV) share price is in focus today after the company reported group sales growth of 3% for Q3 FY26, with retail and hotels both delivering positive results despite a tough economic climate. What did Endeavour Group report? Q3 FY26 retail sales up 2.9% to $2,398 million Q3 FY26 hotel sales up 3.7% to $531 million Group sales for Q3 FY26 totalled $2,929 million, up 3% year-on-year H2 FY26 to date: retail sales up 0.7…