News: EDV Endeavour Group Posts Qtrly Retail Sales A$2,350 Mln Vs A$2,323 Mln

May 2 (Reuters) - Endeavour Group Ltd (EDV) :

• QTRLY RETAIL SALES A$2,350 MILLION VERSUS A$2,323 MILLION
• RETAIL SALES RETURNED TO GROWTH IN DECEMBER AND HAVE CONTINUED TO TRACK AHEAD OF LAST YEAR OVER Q3
• QTRLY GROUP SALES A$2,830 MILLION VERSUS A$2,728 MILLION
• CONTINUE TO CLOSELY MONITOR CUSTOMER CHOICES IN CONTEXT OF MACROECONOMIC CLIMATE
• DURING QUARTER, CUSTOMERS CONTINUED TO SHOP IN STORES AT A HIGHER RATE COMPARED TO PRIOR YEAR
• PROMOTIONAL ACTIVITY IN MARKET REMAINS ELEVATED, PARTICULARLY IN ONLINE CHANNEL
• REMAIN ALERT TO COST OF LIVING PRESSURES IMPACTING CUSTOMERS ACROSS AUSTRALIA
• AS WE CONTINUE INTO Q4, TRADING CONDITIONS HAVE REMAINED GENERALLY CONSISTENT WITH Q3
• CAPITAL EXPENDITURE FOR F23 IS EXPECTED TO BE BETWEEN A$470 MILLION AND A$520 MILLION
• AS ANTICIPATED, RISING INTEREST RATES WILL RESULT IN HIGHER FINANCE COSTS IN H2
• SEES FINANCE COSTS TO RANGE BETWEEN A$240 MILLION TO A$260 MILLION FOR THE FULL YEAR