News of the losses come as the ‘SaaSpocalypse’ could test the company’s US$65b valuation.
The market looked beyond the fast food chain's result and sentiment on growth has turned negative.
The deal for the largest locally owned cybersecurity firm in Australasia will be a successful exit for Aussie PE firm BGH.
The ASX hit a record high and the dollar dipped after rates were cut to 3.6%.
The New Zealand business posted a small loss amid an ambitious roll-out of new stores.
Hrdlicka was due to start at Endeavour Group in January 2026, but is now believed to be working part-time as incoming chief executive.
Large companies would continue to pay existing rates of tax and also a new world first ‘cashflow tax’.
The Australian dollar fell, along with bond yields, while the ASX moved higher on the announcement.
The move could be a negotiating tool for Australia with the Trump administration.
The analysts see sectoral tailwinds, and says Chemist Warehouse is a ‘category killer’.