This ASX 200 stock is rocketing 10% after a surprise profit update

This ASX 200 stock is rocketing 10% after a surprise profit update

Metcash Ltd (ASX: MTS) shares are racing higher on Monday after the wholesale distributor released a much stronger earnings update. At the time of writing, the Metcash share price is up 10.22% to $3.02. Today's rally gives shareholders some relief after a weak stretch for the stock. Metcash shares remain down around 8% in 2026 and about 9% over the past year. Here's what the company said. Profit guidance comes in stronger According to the relea…

Metcash approaches $270m profits, avoids Middle East impact

Wholesale distribution giant Metcash is approaching $270 million in profits for the financial year, while also avoiding the immediate impacts of the Middle East conflict. The company said it expects to deliver after-tax profits between $268 million and $270 million for the year ended April 30, according to unaudited financial information. This would represent a groupwide sales growth of 0.7 per cent, or 3.8 per cent when excluding tobacco sales.…

Metcash (ASX:MTS) Guides FY26 NPAT to $268m-$270m as Liquor Margins Recover

A second-half rebound, $25m of FY27 cost savings and disciplined cash management put the income story back on firmer ground. Metcash (ASX:MTS) has given investors a preview of its FY26 result, guiding to underlying net profit after tax of $268 million to $270 million for the year ended 30 April 2026. Group revenue rose just 0.7%, but strip out the structural decline in tobacco and the underlying growth was a far healthier 3.8%. The interesting p…

Metcash provides update ahead of results

Metcash expects to deliver underlying profit after tax of $268–270 million for the year ended 30 April 2026. According to the wholesaler, this reflects resilience across the portfolio and continued disciplined execution in a challenging market environment. “We have delivered a solid result supported by the resilience of our food and liquor businesses, our diversified portfolio and disciplined execution,” says Metcash Group CEO Doug Jones. “Hardw…