Harvey Norman

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Covid dulls first-half earnings for Harvey Norman


Electronics and furniture retailer Harvey Norman Holdings says Covid has impacted its profits in the first half. Total system sales were estimated at $4.91 billion with EBIT at $754.41 million.

Harvey Norman hits record profit in Australia


Harvey Norman has delivered another strong year in spite of the Covid-19 crisis, with total revenue up 15.3 per cent to $9.49 billion, and profit after tax up 75 per

Harvey Norman profits rocket 160% to $341m


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


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


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


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


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


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


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


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