Adairs Ltd (ASX: ADH) Share Price and News
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Adairs Ltd Chart and Price Data
Fundamentals Data provided by Morningstar.
Data provided by Morningstar. Market Cap $639.11 million
P/E Ratio 10.99
Dividend Yield 5.74%
Shares Outstanding 169.08 million
Earnings per share 0.365
Dividend per share 0.20
Year To Date Return 28.48%
Earnings Yield 9.10%
Franking 100%
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as at 24 Feb 3:44pm
Adairs Ltd (ASX: ADH)
Latest News
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Dividend Payment History Data provided by Morningstar.
| Ex-Date | Amount | Franking | Type | Payable |
|---|---|---|---|---|
| 08 Sep 2021 | $0.1000 | 100.00% | Final | 23 Sep 2021 |
| 09 Mar 2021 | $0.1300 | 100.00% | Interim | 25 Mar 2021 |
| 09 Sep 2020 | $0.1100 | 100.00% | Final | 24 Sep 2020 |
| 01 Apr 2020 | $0.0700 | 100.00% | ||
| 10 Sep 2019 | $0.0800 | 100.00% | Final | 25 Sep 2019 |
| 02 Apr 2019 | $0.0650 | 100.00% | Interim | 17 Apr 2019 |
| 11 Sep 2018 | $0.0800 | 100.00% | Final | 26 Sep 2018 |
| 09 Apr 2018 | $0.0550 | 100.00% | Interim | 24 Apr 2018 |
| 13 Sep 2017 | $0.0450 | 100.00% | Final | 28 Sep 2017 |
| 11 Apr 2017 | $0.0350 | 100.00% | Interim | 26 Apr 2017 |
| 13 Sep 2016 | $0.0650 | 100.00% | Final | 28 Sep 2016 |
| 15 Mar 2016 | $0.0500 | 100.00% | Interim | 06 Apr 2016 |
ADH ASX Announcements
An announcement is considered as "Price Sensitive" if it is thought that it may have an impact on the price of the security.
| Date | Announcement | Price Sensitive? | Time | No. of Pages | File Size |
|---|---|---|---|---|---|
| YesNo |
About Adairs Ltd
Adairs Ltd (ASX: ADH) was originally established in 1918 with a single store in Prahran, Victoria and was a family owned business. Today, Adairs has grown to become a leading retailer of home furnishings with over 160 stores across Australia and New Zealand. The Adairs product range encompasses homewares, bedding, towels, soft furnishing, children’s furniture, and occasional furniture.
Adairs operates physicals stores under its Adairs, Adairs Homemaker, Adairs Kids, Urban Home Republic, and Adairs Outlets brands. It also has a growing and successful online business which, as at September 2020, accounts for 20% of the group’s sales. The company also operates a successful customer loyalty program called ‘Linen Lovers’ which was launched in 1995.
According to Adairs, one of the company’s key competitive advantages is its vertically integrated supply chain. This includes integrated product design, development, sourcing, and distribution and enables Adairs to maintain more than 90% of its product offering under its own private labels.
The Adairs share price first listed on the ASX in June 2015. In December 2019, the company acquired Mocka, a vertically integrated online store with operations in Australia and New Zealand. The Adairs share price has been one of the great success stories of the pandemic and the associated surge in online shopping. Despite falling to a low of 50 cents on 23 March 2020, the Adairs share price went on to increase by nearly 600% in the following five month period.
ADH Share Price History Data provided by Morningstar.
| Date | Close | Change | % Change | Volume | Open | High | Low |
|---|---|---|---|---|---|---|---|
| 22 Oct 2021 | $3.78 | $-0.05 | -1.31% | 1,160,165 | $3.83 | $3.85 | $3.75 |
| 21 Oct 2021 | $3.83 | $-0.18 | -4.49% | 4,111,237 | $3.99 | $3.99 | $3.75 |
| 20 Oct 2021 | $4.01 | $0.09 | 2.30% | 2,906,831 | $3.96 | $4.19 | $3.96 |
| 19 Oct 2021 | $3.92 | $0.11 | 2.89% | 748,673 | $3.83 | $3.96 | $3.83 |
| 18 Oct 2021 | $3.81 | $-0.06 | -1.55% | 736,499 | $3.89 | $3.89 | $3.80 |
| 15 Oct 2021 | $3.87 | $-0.02 | -0.51% | 1,014,878 | $3.90 | $3.95 | $3.85 |
| 14 Oct 2021 | $3.89 | $-0.01 | -0.26% | 785,194 | $3.94 | $3.95 | $3.88 |
| 13 Oct 2021 | $3.90 | $0.08 | 2.09% | 870,023 | $3.82 | $3.95 | $3.82 |
| 12 Oct 2021 | $3.82 | $-0.04 | -1.04% | 1,376,462 | $3.89 | $3.95 | $3.79 |
| 11 Oct 2021 | $3.86 | $0.02 | 0.52% | 922,658 | $3.84 | $3.91 | $3.81 |
| 08 Oct 2021 | $3.84 | $0.05 | 1.32% | 660,143 | $3.80 | $3.85 | $3.77 |
| 07 Oct 2021 | $3.79 | $0.09 | 2.43% | 1,561,667 | $3.72 | $3.80 | $3.68 |
| 06 Oct 2021 | $3.70 | $-0.05 | -1.33% | 1,527,135 | $3.76 | $3.78 | $3.64 |
| 05 Oct 2021 | $3.75 | $-0.15 | -3.85% | 1,901,172 | $3.81 | $3.82 | $3.69 |
| 04 Oct 2021 | $3.90 | $0.06 | 1.56% | 1,002,740 | $3.89 | $3.99 | $3.87 |
| 01 Oct 2021 | $3.84 | $-0.21 | -5.19% | 2,191,090 | $4.01 | $4.01 | $3.79 |
| 30 Sep 2021 | $4.05 | $0.09 | 2.27% | 745,536 | $3.95 | $4.06 | $3.94 |
| 29 Sep 2021 | $3.96 | $-0.12 | -2.94% | 1,050,030 | $4.02 | $4.02 | $3.93 |
| 28 Sep 2021 | $4.08 | $0.02 | 0.49% | 777,886 | $4.06 | $4.13 | $4.01 |
| 27 Sep 2021 | $4.06 | $0.12 | 3.05% | 894,950 | $3.95 | $4.08 | $3.93 |
| 24 Sep 2021 | $3.94 | $-0.12 | -2.96% | 710,196 | $4.06 | $4.08 | $3.92 |
| 23 Sep 2021 | $4.06 | $0.10 | 2.53% | 1,656,636 | $3.97 | $4.08 | $3.96 |
| 22 Sep 2021 | $3.96 | $0.08 | 2.06% | 1,133,556 | $3.92 | $3.96 | $3.86 |
Director Transactions Data provided by Morningstar.
| Date | Director | Type | Amount | Value | Notes |
|---|---|---|---|---|---|
| 26 Aug 2021 | Brett Chenoweth | Buy | 66 | $250,271 | On-market trade. |
| 08 Mar 2021 | Michael Cherubino | Exercise | 59 | $118,148 | Exercise of options. As per announcement on 27/05/2021, |
| 08 Mar 2021 | Michael Cherubino | Buy | 59 | $118,148 | Exercise of options. |
| 17 Nov 2020 | Mark Ronan | Issued | 675 | $2,166,750 | Issue of options. |
| 17 Nov 2020 | Michael Cherubino | Issued | 300 | $963,000 | Issue of options. |
Directors & Management Data provided by Morningstar.
| Name | Title | Start Date | Profile |
|---|---|---|---|
| Mr Brett David Chenoweth | Non-Executive ChairmanNon-Executive Director | Nov 2020 | Mr Chenoweth has an experience in businesses across media, technology, entertainment and telecommunications sectors. Brett is currently Chairman of Madman Entertainment, Canberra Data Centres and The Advisory Board of HRL Morrison & Co. He is also a non-executive Board director of Vodafone New Zealand, NSW Land Registry Services and Janison Education Group. Previously Brett was the Chief Executive Officer and Managing Director of APN News and Media and held senior executive roles at the venture capital firm Silverfern Group, Telecom New Zealand, ecorp, ninemsn and Village Roadshow. |
| Ms Kathryn (Kate) Dianne Spargo | Non-Executive Director | May 2015 | Ms Spargo has commercial and organisational experience, as well as a focus on risk, audit and governance, supported by her legal background in both government law and private practice. Kate has been an independent company director for 20 years, covering listed and unlisted companies in sectors including infrastructure, construction and engineering, energy, financial services, building product manufacture and distribution, and health services. She is Chair of CoInvest Ltd, Non-executive director of Sonic Healthcare Ltd, Non-executive director of Sigma Healthcare Ltd, Non-executive director of Geelong Football Club and Non-executive director CIMIC Group Ltd. She is Chair of Risk Committee. |
| Mr Mark Andrew Ronan | Chief Executive OfficerManaging Director | Nov 2016 | Mr Ronan had roles at Adairs in Finance, Merchandise Planning, Store Operations and as Chief Operating Officer. Mark has experience in operating businesses, funds management and accounting. |
| Mr Trent Peterson | Non-Executive Director | May 2015 | Mr Peterson has over 20 years of investment and private equity experience, and in businesses operating in consumer, retail and media sectors. Trent is Managing Director of Catalyst Investment Managers and the founder and Managing Director of both Catalyst Direct Capital Management and IPMB Capital Partners. Trent was non-executive Chairman of Adairs from 2010 until the IPO in 2015. He is Chair and Non-executive director of Cirrus Media Pty Ltd, Chair and Non-executive director of Universal Store Pty Ltd, Non-executive director of dusk Retail Holdings Group Pty Ltd, Non-executive director of The Shaver Shop Group Limited, Non-executive director of Australian Pure Health Pty Ltd (trading as Mr Vitamins) and Non-executive director of the Ascham Foundation. He is Member of Risk Committee. |
| Ms Kiera Grant | Non-Executive Director | Jan 2019 | Ms Grant has board and senior management experience, having spent 15 years working in investment banking. Kiera has financial and strategic assessment knowledge combined with mergers and acquisitions, capital market and corporate governance experience. She is Chair and Trustee of the Art Gallery of New South Wales Foundation, Non-Executive Director of Future Generation Global Investment Company Ltd, Non-Executive Director of Samuel Smith and Sons Pty Ltd (incorporating Yalumba Wine Co and Negociants Fine Wine Distributors) and Non-executive director of the Ascham Foundation. |
| Mr David John Milroy MacLean | Non-Executive Director | May 2015 | Mr MacLean was the Chief Executive Officer and Managing Director of Adairs for 14 years from 2002-2016, having previously held the role of General Manager from 1989-2002. David now runs his family investment office and holds minority interests in a number of private retail businesses. He is Non-executive director of dusk Retail Holdings Group Pty Ltd and Non-executive director Universal Store Pty Ltd. |
| Mr Michael Cherubino | Executive DirectorDirector - Property and Business Development | May 2015 | Mr Cherubino has over 24 years' experience in the retail sector, including as CFO of Adairs immediately prior to his current role. Prior to Adairs Michael held roles with National Australia Bank and Bankwest. |
| Mr Simon Blair West | Non-Executive Director | Jan 2019 | Mr West is currently CEO of Torpedo7 and previously held CEO roles at clothing retailer Max Fashions, EziBuy and DealsDirect.com.au. In addition to the Director positions outlined below, Simon provides advisory services to retail businesses in the direct to consumer space. He is Non-executive director of Onceit Limited. |
| Ms Fay Hatzis | Financial ControllerCompany Secretary | May 2019 | - |
| Fay Hatzis | Financial ControllerCompany Secretary | - |
Top Shareholders Data provided by Morningstar.
| Name | Shares | Capital |
|---|---|---|
| J P Morgan Nominees Australia Pty Limited | 29,601,990 | 17.51% |
| HSBC Custody Nominees (Australia) Limited | 23,589,358 | 13.95% |
| Citicorp Nominees Pty Limited | 15,857,290 | 9.38% |
| BNP Paribas Nominees Pty Ltd | 9,681,696 | 5.73% |
| National Nominees Limited | 9,678,490 | 5.72% |
| BNP Paribas Noms Pty Ltd | 3,456,331 | 2.04% |
| Grahger Retail Securities Pty Ltd | 2,200,000 | 1.30% |
| Michael Cherubino Investments Pty Ltd | 1,996,135 | 1.18% |
| Bond Street Custodians Limited | 1,826,986 | 1.08% |
| HSBC Custody Nominees (Australia) Limited A/C 2 | 1,269,560 | 0.75% |
| Bond Street Custodians Limited I | 1,166,500 | 0.69% |
| Bret R Gamble & Jeremy T Blake & Rachel M Blake | 1,067,430 | 0.63% |
| Cemj Trustee Limited | 1,067,430 | 0.63% |
| Jeta Trustee (2017) Limited | 1,067,430 | 0.63% |
| BNP Paribas Nominees Pty Ltd I | 875,297 | 0.52% |
| Mr Trent Peterson | 860,000 | 0.51% |
| Brispot Nominees Pty Ltd | 856,115 | 0.51% |
| Jeremy And Lynette King Superannuation Pty Ltd | 775,000 | 0.46% |
| BNP Paribas Nominees Pty Ltd Hub24 Custodial Serv Ltd | 748,052 | 0.44% |
| Candad Pty Ltd | 681,724 | 0.40% |
| Cs Third Nominees Pty Limited | 604,941 | 0.36% |
| BNP Paribas Noms Pty Ltd I | 593,000 | 0.35% |