All posts by Alexander Mees
Co-Head of Research and Senior Analyst
Sectors Covered: Gaming and Retail
By Alexander Mees
17 November 2023, 8:00 AM
ALS (ASX:ALQ) 1H24 underlying NPAT surprised to the upside, aided by FX and acquisitions.
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By Alexander Mees
31 October 2023, 8:00 AM
Retail sales grew by 0.9% in September on August 2023, which was greater than consensus expectations of +0.3%.
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By Alexander Mees
10 October 2023, 8:00 AM
It is a difficult environment for all discretionary retailers in Australia. A long period of inflationary pressure on the cost of living has sapped consumer demand and exacerbated uncertainty about future trading patterns.
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By Alexander Mees
02 October 2023, 8:00 AM
We are in a new era of ‘cost-conscious and clued-up’ consumers, prepared to spend time researching products online to ensure they get value for money.
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By Alexander Mees
28 September 2023, 8:00 AM
The Australian consumer appears to have run out of steam. Retail sales for August were up just 0.2% month-on-month (m/m) which was slightly below consensus expectations of +0.3%.
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By Alexander Mees
22 September 2023, 8:30 AM
Morgans Head of Research Alex Mees gives a reporting season wrap-up with the earnings of discretionary retailers generally exceeding our expectations during the FY23 reporting season, driving a positive inflexion in share prices.
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By Alexander Mees
29 August 2023, 8:00 AM
Retail sales rose by more than expected in July 2023, rising +0.5% month-on-month after a subdued performance in June.
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By Alexander Mees
28 August 2023, 8:00 AM
Jumbo Interactive's (ASX:JIN) FY23 earnings were in line with our expectations.
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By Alexander Mees
25 August 2023, 9:00 AM
On an underlying basis, Universal Store's (ASX:UNI) FY23 EBIT was 2% above our forecast and in line with guidance.
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By Alexander Mees
25 August 2023, 8:00 AM
Lovisa (ASX:LOV) grew substantially in FY23 to finish the year with an 801-store network in 39 countries.
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