The ASX 200 Live Today – Thursday, 23rd April, brings a mix of news and analysis from the Australian stock market. Here’s a breakdown of the key developments and commentary: Market Downgrades and Adjustments McPherson’s: The company has revised its FY26 EBITDA growth expectation downward, citing weaker sales and supplier surcharges. This adjustment reflects the ongoing challenges in the market, with management focusing on supply chain optimisation and in-store availability. Cochlear: A significant downgrade in NPAT guidance for FY26, down by approximately 30%, has led to a sharp sell-off. This highlights the impact of external factors, such as weak consumer (Read more…)
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