tiprankstipranks
Oliver’s Real Food Faces Revenue Dip Amid Market Challenges
Company Announcements

Oliver’s Real Food Faces Revenue Dip Amid Market Challenges

Oliver’s Real Food Ltd. (AU:OLI) has released an update.

Don't Miss our Black Friday Offers:

Oliver’s Real Food Ltd reported a slight revenue decline of 1.02% for the September 2024 quarter, affected by factors such as school holiday timing and underperformance at new stores. Despite a decrease in like-for-like store sales, particularly in NSW, there was growth in Queensland sales by 13.21%. The company is implementing marketing efforts to address these challenges and improve sales performance.

For further insights into AU:OLI stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Australian Auto-Generated NewsdeskOliver’s Real Food to Host 2024 AGM in Sydney
TipRanks Australian Auto-Generated NewsdeskOliver’s Real Food Revamps Supply Strategy
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App