Kogan.com Ltd
KGN: XASX (AUS)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|NPc!C | LOCK|$f | LOCK|RrLkN^yg |
Kogan: Less Discounting in New Zealand to Drive Near-Term Profit Margins
E-commerce is structurally growing much faster than in-store sales, providing a significant tailwind to online retailers like Kogan. According to the Australian Bureau of Statistics, online sales increased by 13% in the 12 months to September 2025, well ahead of industry growth of 4%.
