Godfreys Breach Lending Covenant, During Takeover Talks
As consumers flock to The Good Guys, JB Hi Fi and Betta Electrical to buy their cleaning appliances takeover target Godfrey who... Read More
Godfreys Mulls Co-Founder’s Takeover Offer, Shares Soar 40%
Set to be a possible lifeline for the struggling retailer, Godfreys management is reportedly considering a 32c-a-share takeover bid from 99-year old Co-Founder John... Read More
Godfreys Expands Leadership Team, Pursues Turnaround
Following its recent earnings report with a 62% drop in profit, Godfreys has welcomed two new staff to its leadership team, as it pursues a... Read More
Godfreys Profit Down 62%, CEO Pledges Turnaround In Next 3 Years
Godfreys has posted a $58.6 million half-year loss, plus a notable 62% drop in underlying profit – prompting recently appointed CEO, Jason Gowie,... Read More
Godfreys Shares Hit Record Low, Forecasts $59M Loss
Vacuum cleaner retailer, Godfreys, has informed investors it’s expecting a net loss (after tax) of $59 million – news which has sent... Read More
Godfrey’s Shuffles Leadership, Cuts Guidance
Specialist vacuum retailer, Godfrey’s, has appointed Jason Gowie as its new Chief Executive Officer, whilst advising shareholders that its full-year earnings will... Read More
Godfreys Chairman Exits, Flat Earnings Forecast, Franchise Fees Drop
Specialist vacuum retailer, Godfreys, has informed shareholders it expects its earnings for 2018 to be flat against last year, following a decrease... Read More
Godfreys Stores To Shift To A Franchise Model
Godfreys is set to convert up to 60 of its stores to a franchise model in the next three years. The news follows... Read More