Harvey Norman

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Harvey Norman profits rocket 160% to $341m

25/11/2020

Harvey Norman has seen its unaudited profit explode 160 per cent between July and October to $341.11 million, compared to $131.17 million for the same period of last year. Additionally,

Optus partners Harvey Norman, Cartridge World

02/11/2020

Two Aussie retail chains, Cartridge World and Harvey Norman, have partnered with Optus to broaden the merchandise offering for the retailers. At Cartridge World a focus on customer convenience means franchisees will get

Harvey Norman profits slip: bushfires, weather to blame

02/03/2020

Harvey Norman blames bushfires and extreme weather for a subdued Christmas period as the retailer’s first-half profit slipped by 4.0 per cent. The furniture and electronics firm also warned on

Harvey Norman slammed for ‘disgraceful’ coronavirus sign

10/02/2020

The operators of a Harvey Norman store in regional New South Wales have faced a barrage of backlash for a “racist” sign displayed outside its Albury outlet. The image of

New Harvey Norman director adds independent view

28/03/2019

The newest Harvey Norman director joins the board as an independent non-executive voice. John Craven was formerly a partner at Accenture. He joined the retailer’s board on 27 March 2019. Craven is

$227m profit despite franchising operations fall at Harvey Norman

28/02/2019

Despite a continuing fall in total network sales, Australian homewares, furniture and electronics retailer Harvey Norman has secured a $222.77m half-yearly profit after tax, up $15.08m on the same period last year.

Australian franchisee sales slow amid global growth at Harvey Norman

28/11/2018

In an announcement to the ASX ahead of its AGM on Tuesday, Australian retail giant, Harvey Norman disclosed that domestic franchisee sales were falling, indicating a 1.3 per cent year-on-year drop in aggregated sales.

Harvey Norman directors dump stock after listing breach

29/10/2018

Executives at Harvey Norman have come under fire this week, after a breach of the Australian listing rules was identified by the ASX.

Harvey Norman shells out $7.8m for struggling franchisee

12/10/2018

The role franchisees play within big retail networks has come under review following reports Harvey Norman shareholders forked out nearly $8m in “tactical support” last year for a struggling franchisee.

Harvey Norman’s profits and franchise operating margins fall

05/09/2018

Harvey Norman’s net profit after tax fell 16.4 per cent to $375.38 million in FY18, compared to $448.98 million in the previous fiscal year.