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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Gowing Bros
Gowing Bros (GOW) investor relations material
Gowing Bros H2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.H2 2026 earnings summary29 Oct, 2026
Executive summary
FY26 remained challenging amid geopolitical and cost-of-living pressures; diversified core assets generally performed to expectations, while the year ended with a $3.493m net loss.
Shopping centres maintained steady trading, domestic investments performed well, and Cobram Estate Olives was a standout; Surf Hardware International remained under pressure.
Financial highlights
Revenue was $58.811m versus $60.793m in FY25; total net income from ordinary activities fell to $2.893m from $4.407m, principally on fewer Sawtell Commons sales and Surf Hardware International performance.
Loss before tax widened to $7.702m from $4.650m; the $4.209m income tax benefit resulted in a $3.493m net loss versus $3.290m.
A $3.000m unrealised investment-property revaluation loss and redundancy-related non-recurring expenses affected results.
Total comprehensive income was $2.190m, including $5.592m of after-tax fair-value gains on equity instruments recorded in other comprehensive income.
Outlook and guidance
FY27 Surf Hardware International outlook anticipates stronger gross margins, improved supplier terms and a better bottom line following supply-chain and cost-efficiency work.
Shopping-centre outlook is for stable sales and overall performance in FY27, supported by a steady retail backdrop; priorities include tenant mix and operational execution.
Domestic conditions are mixed, but consumer sentiment and spending are holding on the NSW North Coast; geopolitical uncertainty remains a continuing challenge.
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Latest events from Gowing Bros
- Net loss of $5.3m due to higher interest costs and property revaluation, despite solid operations.GOW
H2 2023 - Net loss after tax improved to $0.04 million, with stable net assets and resilient property income.GOWH2 2024
- Net loss of $3.29 million on $61.7 million revenue, with stable shopping centre performance and a 6.0c dividend.GOWH2 2025
- Revenue up 3.45%, net loss narrows, and a 3.0c fully franked dividend declared.GOWH1 2026
- Revenue down 19%, $2.27m loss after tax, 3.0c interim dividend declared.GOWH1 2025
Next Gowing Bros earnings date
H1 202724 Mar, 2027
Gowing Bros
Next Gowing Bros earnings date
H1 202724 Mar, 2027
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Frequently asked questions
Gowing Bros Limited is an Australian investment company with a diversified portfolio spanning property, equities, and private equity. The company invests in and manages assets across sectors including retail, tourism, and agriculture, with a focus on both capital growth and income generation. Gowing Bros’ property investments include commercial and residential real estate projects, while its equity investments cover a variety of listed and unlisted companies. The company is headquartered in Sydney, Australia, and its shares are listed on the ASX.