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By Shivangi Lahiri
(Reuters) -Shares of Australia's Endeavour Group fell 6.5% on Friday, set for their biggest one-day drop since August, after the alcohol retailer's half-year profit took a beating as supply chain issues disrupted sales in the peak end-of-year period.
The stock dropped as much as 8% to A$4.13, a three-week low before recouping some losses. Still, it was among the top losers on the benchmark S&P/ASX 200 index.
The company, which also operates pubs, said its profit after tax s...
>>> Read more: Australian liquor retailer Endeavour stumbles to worst day in 6 months on weak sales
(Reuters) -Shares of Australia's Endeavour Group fell 6.5% on Friday, set for their biggest one-day drop since August, after the alcohol retailer's half-year profit took a beating as supply chain issues disrupted sales in the peak end-of-year period.
The stock dropped as much as 8% to A$4.13, a three-week low before recouping some losses. Still, it was among the top losers on the benchmark S&P/ASX 200 index.
The company, which also operates pubs, said its profit after tax s...
>>> Read more: Australian liquor retailer Endeavour stumbles to worst day in 6 months on weak sales
