Mayank Bansal is a CFA Charterholder and heads the Equity Research team at Kapitales Research, with over 5 years of experience analysing global equity markets. He leads fundamental, data-driven research combining rigorous financial analysis with macro trends.
3 ASX Stocks Climb as Earnings Results and Corporate Updates Attract Buyers
Source: Kapitales Research
Highlights
A department store group grew FY26 sales 11.3% to more than AU$4 billion but reported a statutory loss after a large one-off, non-cash impairment.
A mineral exploration company confirmed its 2026 Annual General Meeting date and opened nominations for director elections.
An electrical products distributor reported record FY26 results, with revenue up 16.8% and data centre sales up 27%.
Three ASX-listed companies posted strong share price gains, each rising more than 8%. The companies work in retail, mineral exploration and electrical distribution. Two had released full-year results, while the third had announced its upcoming shareholder meeting.
Share Price Update
Myer Holdings (ASX: MYR) shares last traded at AU$0.195, up 11.43% for the day.
Solstice Minerals (ASX: SLS) shares last traded at AU$2.890, up 9.47% for the day.
IPD Group (ASX: IPG) shares last traded at AU$5.940, up 8.39% for the day.
Myer: Sales Rise but One-Off Charge Leads to Statutory Loss
Myer Holdings Limited released its FY26 results on 23 September 2026 for the 52 weeks ended 25 July 2026. Total sales rose 11.3% to AU$4,088.8 million, while comparable sales grew 0.7%. Underlying NPAT fell 2.9% to AU$42.5 million, and underlying EBIT dropped 7.0% to AU$139.4 million. The statutory result was a loss of AU$276.5 million, mainly because of a one-off, non-cash impairment of AU$279.6 million. Myer finished the year with net cash of AU$100 million. The company reported progress on its loyalty program, brand portfolio, online marketplace and integration work. Bringing in Myer Apparel Brands delivered about AU$20 million in cost savings.
Solstice Minerals: AGM Date Confirmed
Solstice Minerals Limited announced on 24 September 2026 that its 2026 Annual General Meeting will take place on 23 November 2026. Directors will be elected at the meeting, and nominations close at 5:00pm WST on 5 October 2026. The update was procedural, but it gives shareholders the key dates for the coming months.
IPD Group: Record Year Supported by Data Centre Demand
IPD Group Limited released its FY26 results on 14 August 2026. Revenue rose 16.8% to AU$414.3 million. Underlying EBITDA grew 19.4% to AU$55.4 million, and underlying NPAT increased 17.9% to AU$30.9 million. Data centre revenue grew 27% to AU$71.5 million, making it a key growth area for the business. IPD also completed its acquisition of Platinum Cables during the year. It ended FY26 with net debt of AU$16.4 million and declared fully franked dividends totalling 14.7 cents per share.
What to Watch
For Myer, investors will focus on whether sales growth and integration savings lead to stronger underlying profits. Solstice shareholders have two key dates coming up: nominations closing on 5 October and the AGM on 23 November 2026. For IPD Group, attention is likely to stay on data centre demand and how well the Platinum Cables acquisition performs.
Conclusion
The three gains came from quite different news. Myer's result combined higher sales with a large one-off charge. Solstice set out its shareholder meeting timetable. IPD Group reported another year of strong, broad growth. Each company now has clear milestones ahead as it moves into FY27. The source article didn't include the dollar change for each share price, so the update shows percentage moves only. Also, Myer's AU$0.195 price looks low for the company, so it may be worth checking before publishing.
Note- All data presented is based on information available at the time of writing.
Disclaimer for Kapitales Research
The materials provided by Kapitales Research, including articles, news, data, reports, opinions, images, charts, and videos ("Content"), are intended for personal, non-commercial use only. The primary goal of this Content is to educate and inform readers. This Content is not meant to offer financial advice, nor does it include any recommendation or opinion that should be relied upon for making financial decisions. Certain Content on this platform may be sponsored or unsponsored, but it does not serve as a solicitation or endorsement to buy, sell, or hold any securities, nor does it encourage any specific investment activities. Kapitales Research is not authorized to provide investment advice, and we strongly advise users to seek guidance from a qualified financial professional, such as a financial advisor or stockbroker, before making any investment choices. Kapitales Research disclaims all liability for any direct, indirect, incidental, or consequential damages arising from the use of the Content, which is provided without any warranties. The opinions expressed by contributors or guests are their own and do not necessarily reflect the views of Kapitales Research. Media such as images or music used on this platform are either owned by Kapitales Research, sourced through paid subscriptions, or believed to be in the public domain. We have made reasonable efforts to credit sources where appropriate. Kapitales Research does not claim ownership of any third-party media unless explicitly stated otherwise.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.Disclosure: The information mentioned above has been sourced from the company reports and a third-party database, i.e. Koyfin. Investors are advised to use strict stop-loss to protect their investments in case of any unfavorable/uncertain market events.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au
We use cookies to help us improve, promote, and protect our services.
By continuing to use this site, we assume you consent to this.
Read our
Privacy Policy
and
Terms & Conditions
3 ASX Stocks Climb as Earnings Results and Corporate Updates Attract Buyers
Highlights
Three ASX-listed companies posted strong share price gains, each rising more than 8%. The companies work in retail, mineral exploration and electrical distribution. Two had released full-year results, while the third had announced its upcoming shareholder meeting.
Share Price Update
Myer: Sales Rise but One-Off Charge Leads to Statutory Loss
Myer Holdings Limited released its FY26 results on 23 September 2026 for the 52 weeks ended 25 July 2026. Total sales rose 11.3% to AU$4,088.8 million, while comparable sales grew 0.7%. Underlying NPAT fell 2.9% to AU$42.5 million, and underlying EBIT dropped 7.0% to AU$139.4 million. The statutory result was a loss of AU$276.5 million, mainly because of a one-off, non-cash impairment of AU$279.6 million. Myer finished the year with net cash of AU$100 million. The company reported progress on its loyalty program, brand portfolio, online marketplace and integration work. Bringing in Myer Apparel Brands delivered about AU$20 million in cost savings.
Solstice Minerals: AGM Date Confirmed
Solstice Minerals Limited announced on 24 September 2026 that its 2026 Annual General Meeting will take place on 23 November 2026. Directors will be elected at the meeting, and nominations close at 5:00pm WST on 5 October 2026. The update was procedural, but it gives shareholders the key dates for the coming months.
IPD Group: Record Year Supported by Data Centre Demand
IPD Group Limited released its FY26 results on 14 August 2026. Revenue rose 16.8% to AU$414.3 million. Underlying EBITDA grew 19.4% to AU$55.4 million, and underlying NPAT increased 17.9% to AU$30.9 million. Data centre revenue grew 27% to AU$71.5 million, making it a key growth area for the business. IPD also completed its acquisition of Platinum Cables during the year. It ended FY26 with net debt of AU$16.4 million and declared fully franked dividends totalling 14.7 cents per share.
What to Watch
For Myer, investors will focus on whether sales growth and integration savings lead to stronger underlying profits. Solstice shareholders have two key dates coming up: nominations closing on 5 October and the AGM on 23 November 2026. For IPD Group, attention is likely to stay on data centre demand and how well the Platinum Cables acquisition performs.
Conclusion
The three gains came from quite different news. Myer's result combined higher sales with a large one-off charge. Solstice set out its shareholder meeting timetable. IPD Group reported another year of strong, broad growth. Each company now has clear milestones ahead as it moves into FY27. The source article didn't include the dollar change for each share price, so the update shows percentage moves only. Also, Myer's AU$0.195 price looks low for the company, so it may be worth checking before publishing.
Note- All data presented is based on information available at the time of writing.
Disclaimer for Kapitales Research
The materials provided by Kapitales Research, including articles, news, data, reports, opinions, images, charts, and videos ("Content"), are intended for personal, non-commercial use only. The primary goal of this Content is to educate and inform readers. This Content is not meant to offer financial advice, nor does it include any recommendation or opinion that should be relied upon for making financial decisions. Certain Content on this platform may be sponsored or unsponsored, but it does not serve as a solicitation or endorsement to buy, sell, or hold any securities, nor does it encourage any specific investment activities. Kapitales Research is not authorized to provide investment advice, and we strongly advise users to seek guidance from a qualified financial professional, such as a financial advisor or stockbroker, before making any investment choices. Kapitales Research disclaims all liability for any direct, indirect, incidental, or consequential damages arising from the use of the Content, which is provided without any warranties. The opinions expressed by contributors or guests are their own and do not necessarily reflect the views of Kapitales Research. Media such as images or music used on this platform are either owned by Kapitales Research, sourced through paid subscriptions, or believed to be in the public domain. We have made reasonable efforts to credit sources where appropriate. Kapitales Research does not claim ownership of any third-party media unless explicitly stated otherwise.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.Disclosure: The information mentioned above has been sourced from the company reports and a third-party database, i.e. Koyfin. Investors are advised to use strict stop-loss to protect their investments in case of any unfavorable/uncertain market events.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au