Dan Murphy’s owner Endeavour off to slower start in second half

Carrie LaFrenzSenior reporter

Updated Feb 26, 2024 – 4.20pm, first published at 10.36am

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Key Points

Endeavour Group owns top retail chains Dan Murphy’s and BWS, as well 350 pubs making it the largest owner of poker machines in Australia.
The company declared an interim dividend of 14.3¢, inline with year ago. This will be paid on April 8.
In the first seven weeks of the second half trading in its retail chains was broadly flat, while the hotels unit recorded year-on-year sales growth of 1 per cent.

Endeavour Group’s retail liquor chains Dan Murphy’s and BWS began the second half on uneven footing with flat trading in the first seven weeks heaping pressure on management to slash costs.

The Bruce Mathieson-backed group said turnover at its 350 pubs was up 1 per cent over the same period.