Financial Guidance And Cost SavingsReiterated FY26 profit guidance supported by expected restructuring savings and a robust Vet division provides a clearer earnings trajectory and potential upside from cost reductions.
Management And LeadershipAppointment of James Bailey, a senior retail executive with deep front-line and commercial experience, strengthens confidence in executing a retail turnaround and improving sales performance.
Retail Pricing And ExecutionRetail Turnaround Plan focused on product assortment, pricing, cost and execution, together with evidence of sharper food pricing versus a major online competitor, suggests improved pricing power and margin recovery in retail operations.