Endeavour Group Ltd Ordinary Shares
EDV: XASX (AUS)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| n.J | LOCK|g$ | LOCK|<xp%!n^ |
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.
