Harvey Norman
Harvey Norman Holdings (HVN) is an Australia-based public-owned integrated retail and property company engaged in franchising and advertising services provision to its franchisees, homewares and electrical goods marketing and sales, consumer finance provision, leasing and property investment. HVN was listed on the Australian Stock Exchange on the 3rd of September 1987. Its average annual revenue reaches approximately $1 billion. Its headquarters is located in New South Wales, Australia and to date; around 13000 people are employed in the company.
Electronics and furniture retail company Harvey Norman (ASX:HVN) have announced its half year financial results for 2013 to its shareholders and investors on the Australian stockmarket.
- Harvey Norman have announced a half year profit of $81.9 million, down 36.5 percent from the prior corresponding half year period.
- HVN revenue down $548.819 million, from $584.110 million.
Australian Retailer, Harvey Norman (ASX:HVN) announced on Monday that full year pre-tax profit to June 30, 2012 was likely to be down 40 percent. The announcement to the stockmarket said that unaudited preliminary accounts for 2012 indicated a profit before tax and minority interests of $227.6 million compared to the $373.9 million profit in 2011 (down 39.1 percent).
Major retailers – Harvey Norman (ASX:HVN) , David Jones (ASX:DJS) , Woolworths (ASX:WOW) , Coles – want to have their own operating hours except during holidays.
Australian retailers, Harvey Norman (ASX:HVN) and Myer (ASX:MYR) have plans to launch China based websites to save on GST.
Study the historical dividends for HARVEY NORMAN HOLDINGS LIMITED. Dividends are a portion of company profits paid out to shareholders. You are eligible to receive HVN dividends if you own the company's stock on the ex-dividend date. Investor's must have purchased the stock before the ex dividend date to be entitled to the dividend. The previous owner of the shares will receive the HVN dividend if you buy the stocks on or after the ex dividend date. The Pay Date or the Date Payable is the day when the dividend is paid to shareholders.
Receivers for troubled electronics retailer Clive Peeters (ASX:CPR) have sold 32 of the company's brick and mortar stores to former rival retailer Harvey Norman (ASX:HVN). The 32 stores came at a price of $55 million.
Harvey Norman (HVN), an Australian electrical and furniture retailer, saw its third quarter sales rise 1.2 percent, disappointing the market and sending its shares down 17 cents (4.8 percent) to $3.40 this morning.
Gerry Harvey has said that they are planning to close up to ten Harvey Norman stores in the next six months due to the economic slowdown. Harvey Norman (HVN) has 192 franchised stores in Australia and 28 stores in New Zealand, as well as outlets in Ireland, Singapore and Malaysia. The international retailer has revealed a decline in store sales up to 5% and margins have been cut by 10%. The retailer's pre-tax profit fell by 32% in the three months to September.
Jubilee Mines (JBL) was the overall best performing Australian company taking in a 37.7 percent increase of its stock price this week. Among the best performing stocks for the week 45 of 2007 on the Australian sharemarket were a mixture of mining and retail: Harvey Norman (HVN), Paladin Energy (PDN), Oxiana (OXR), Jubilee Mines (JBM), Independence Group (IGO), Sally Malay (SMY). These best performing stocks for week 45 of 2007 recorded gains above 7.9 percent by the end of the trading week.
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