Get all your news in one place.
100's of premium titles.
One app.
Start reading
AAP
AAP
Derek Rose

Dan Murphy's owner grows sales at expense of profit

Share in BWS owner Endeavour Group have dropped on news of an expected dip in profits. (Bianca De Marchi/AAP PHOTOS)

The owner of the Dan Murphy's and BWS bottle shop chains has cut prices under its new leadership, successfully boosting sales albeit at the expense of its bottom line.

The two businesses reported $5.4 billion in sales in the 27 weeks to January 4, up 0.7 per cent from a similar period a year ago, Endeavour Group said on Tuesday.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.