0128 GMT - Harvey Norman's FY26 result was soft, but not as soft as Jarden had feared. Expectations ahead of the result were subdued because rivals such as JB Hi-Fi had highlighted headwinds, including around tech availability. Harvey Norman said Australia same-store sales swung higher in August after a weak July when they fell by 3.4%. Between Aug. 1 and 24, Australian written sales--products ordered but not yet delivered--rose by 3.8% on a year ago. "Overall, we expect modest negative consensus revisions, and a bit in there for everyone," says analyst Ben Gilbert. Harvey Norman is down 1.9% at A$4.415 today.
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