Endeavour Group Ltd Ordinary Shares

EDV: XASX (AUS)
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Endeavour Group: Sales Momentum Sluggish as Shoppers Struggle With Higher Fuel Prices and Rate Hikes

Endeavour's sales rose by 1% in the four-month period to April on last year. Freight costs are increasing. Heightened geopolitical risk is prompting management to take a conservative stance on inventories. Up to AUD 400 million could be added to liquor stocks to hedge supply chain risks.

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