Six ASX earnings beats, six share price falls — investors are pricing in margin pressure, not revenue
Kogan hit $1 billion in sales and still dropped 15%; Bendigo, Navigator and Aussie Broadband posted growth and fell anyway.
Kogan.com crossed $1 billion in annual sales for FY26 and its stock fell 15% the same day, the sharpest example of an Australian earnings season where record headline numbers are being punished rather than rewarded.
SPECIAL REPORTBEARISH