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Nick Scali reported a revenue of $251 million, marking a 10% year-over-year growth, but profits fell 30% to $30 million, with a dividend of $0.30 per share. Charter Hall Retail REIT saw a significant revenue increase of 119% to $51 million. Domino's Pizza plans to close 205 unprofitable stores, focusing on cost efficiencies in Japan and France, while A2 Milk receives a buy rating from Bell Potter and Citi, with a price target of $2.81 per share. McMillan Shakespeare was downgraded from buy to hold, with a price target of $15.80. Upcoming updates from JB Hi-Fi, Carsales.com, Dexus Convenience Retail REIT, and Fiducian Group are anticipated.
Nearly 30% of Tesla owners are considering selling their cars due to embarrassment over Elon Musk's controversial behavior, according to a Dutch study. While some express frustration and plan to distance themselves from the brand, over half remain loyal, valuing Tesla's innovation despite Musk's antics. The situation raises concerns about the brand's long-term financial health and resale values, as the market for used Teslas grows.
Carsales.com Ltd
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asx 200 reporting season highlights revenue growth and strategic company changes
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Nick Scali
Mark Van Dyck
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06:34 07.02.2025
Tesla owners reconsider loyalty as Musk's actions spark selling trend
18:52 23.01.2025
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