Endeavour Group Limited (EDV) Q1 2026 Earnings Call

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Replay transcript excerpt

WEBVTT 00:00:00.031 -- 00:00:05.017 Thank you for standing by and welcome to the Endeavour Group's F26 first quarter training 00:00:05.017 -- 00:00:08.661 update. All participants are in a listen-only mode. 00:00:08.661 -- 00:00:12.065 Endeavour Group's CEO, Kate Beattie, will provide some opening remarks followed by a 00:00:12.065 -- 00:00:17.131 question and answer session. All participants will need to press star 1 to ask a question. 00:00:17.131 -- 00:00:19.093 Only one question per person will be permitted. 00:00:19.093 -- 00:00:23.298 However, if time permits, participants are welcome to rejoin the question queue. 00:00:23.298 -- 00:00:26.382 I would now like to hand the conference over to Kate Beattie, CEO. 00:00:26.382 -- 00:00:28.843 Please go ahead. 00:00:29.005 -- 00:00:31.629 Thank you and thanks everyone for joining us this morning. 00:00:31.629 -- 00:00:35.275 I'm Kate Beattie and I'm joined by our CFO Tully Ross. 00:00:35.275 -- 00:00:38.641 I'd like to start by acknowledging the traditional custodians of the land on which we're 00:00:38.641 -- 00:00:42.928 conducting this call today, the Gadigal people, and pay my respects to their elders past, 00:00:42.928 -- 00:00:45.252 present and emerging. 00:00:45.252 -- 00:00:50.317 I'll make some brief remarks on our first quarter trading update before taking questions. 00:00:50.400 -- 00:00:54.447 Our first quarter results saw improving momentum in retail sales and continued sales 00:00:54.447 -- 00:01:00.024 growth in our hotels business. In total, across the group for the 14 weeks ending 5 October, 00:01:00.024 -- 00:01:06.851 we delivered sales of $3.1 billion, down 0.3% on the prior corresponding period. 00:01:06.933 -- 00:01:12.041 In retail, total sales were $2.5 billion for the quarter, down 1.4% versu...