ASX Growth Shares
Adore Beauty (ASX:ABY) share price rises on solid FY24 update
The Adore Beauty Group Ltd (ASX:ABY) share price is up more than 4% after a pleasing FY24 update with growing revenue and customers.
July 19, 2024
Big money is not in the buying or selling, but in the waiting.
For my own portfolio, I like to find ASX shares that are growing their dividends. Growth is an essential part of the dividend equation for me. I want to see that the dividend increases are funded by growing earnings and/or growing underlying asset values. I also have a portion of my portfolio invested in an ETF that picks undervalued global businesses with strong competitive advantages.
For Rask Media, I have an interest in covering technology (and tech-related) businesses with a global growth story, as well as cyclical companies that are cheaply priced because they’re at a low point in the cycle, such as retailers and resource businesses which could benefit strongly in the medium-term.
The Adore Beauty Group Ltd (ASX:ABY) share price is up more than 4% after a pleasing FY24 update with growing revenue and customers.
The Universal Store Holdings Ltd (ASX:UNI) share price has jumped 6% after a strong FY24 update with good sales and profit in FY24.
The Zip Co Ltd (ASX:ZIP) share price has jumped 12% after completing its capital raising to improve its balance sheet.
The Accent Group Ltd (ASX:AX1) share price has soared 9% today after announcing a promising profit update for FY24.
The Domino’s Pizza Enterprises Ltd (ASX:DMP) share price is in focus after announcing it was closing stores and changing its store opening plans.
The Step One Clothing Ltd (ASX:STP) share price has soared 23% after the market saw its FY24 trading update.
The BHP Group Ltd (ASX:BHP) share price is under the spotlight after the company reported its June 2024 mining operational update.
The IGO Ltd (ASX:IGO) share price is down more than 1% after the resources company announced a large impairment.
The Rio Tinto Ltd (ASX:RIO) share price is under the spotlight today after the ASX miner revealed its quarterly production.
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