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David Jones Q4 2012 Sales Down


Australian upmarket retailer David Jones (ASX:DJS) have announced its fourth quarter Q4 sales report.

  • Full year sales fell 4.6 percent to $1.868 billion.
  • Like-for-like sales dropped 4.3 percent compared to FY 2011.
  • Fourth Quarter (29 April to 28 July) sale fell to $455.8 million (down 1.3 percent.

Insurer, IAG Profits Down


IAG (ASX:IAG), owner of NRMA and RACV, has issued a statement that it expects to report a drop in annual profit for the 2010 fiscal year. A day after competitor, QBE Insurance announced profit forecasts downgrades, Insurance Australia Group have released poor financial figures on what most analysts were already expecting.

IAG Financial Forecasts and Numbers

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