Three popular ASX shares have released important results to the ASX over the last few days:

• Whitehaven Coal Ltd (ASX: WHC)
• Bega Cheese Ltd (ASX: BGA)
• Temple & Webster Group Ltd (ASX: TPW). 

Bega Cheese shares enjoyed big gains on the back of positive results. 

Meanwhile, Whitehaven Coal and Temple and Webster results seemingly left investors hoping for more. 

Full results for each can be found here: 

• Whitehaven Coal Results
• Bega Cheese Results
• Temple and Webster Results.

Following the releases, brokers have been quick to update their guidance on these ASX shares. 

Here’s the latest guidance. 

Temple & Webster gets a big downgrade 

Bell Potter released updated guidance on Temple & Webster shares following the results. 

The brokers’ view is that Temple & Webster’s FY26 revenue came in at the bottom of its $665–675m guidance range, while EBITDA was towards the top end. 

However, FY27 has started weakly, with checkout revenue growth of only 13% compared with a challenging +28% prior-year comparison. Despite this, contribution margin has remained resilient at around 17% of revenue.

Bell Potter expects EBITDA margins to fall from the ~6% achieved in 4Q26 as lower revenue reduces fixed-cost leverage. Temple & Webster has also lowered its FY27 EBITDA guidance to $33-40m from the previously targeted $40m. 

Based on this guidance, the broker has a hold recommendation and lowered its price target to $4.50 (previously $7.00). 

Bega keeps on booming 

Bega shares rocketed 10% on earnings results, and Bell Potter is optimistic the growth can continue. 

The broker highlighted the strong revenue, EBITDA and NPAT growth in the latest results. 

Bell Potter retained its buy recommendation and raised its price target to $8.05 (previously $7.75). 

This indicates an upside of 21% from current levels. 

Trading at 10.5x FY26e EBITDA, BGA is at a reasonable discount to listed FMCG and Dairy exposures globally, while offering compound double digit EPS growth through to FY29e.

Whitehaven Coal shares fairly valued

Whitehaven Coal shares have experienced significant volatility over the last 12 months, and the team at Morgans see little upside moving forward. 

The broker said the company delivered a mixed result, with EBITDA broadly in line with consensus expectations, although underlying NPAT missed slightly. 

A 6c dividend was declared, consistent with consensus. The effects of poor coal prices in the 1H provided a significant headwind for the full-year result. FY27 guidance was softer than expected, with production growth appearing limited given the unchanged upper end of group guidance, while both costs and capital expenditure expectations have moved higher. 

We move to a HOLD rating (previously BUY) due to recent share price strength and valuation updates, with a reduced target price of A$8.05ps (previously A$8.50)

Whitehaven Coal shares closed trading yesterday at $7.63 each. 

The post Buy, hold, sell: Bega Cheese, Temple & Webster and Whitehaven Coal shares after results appeared first on The Motley Fool Australia.

More reading

• Why this ASX consumer discretionary stock could be the pick of the sector 
• Here are the top 10 ASX 200 shares today
• 10 ASX 200 shares downgraded by analysts this week
• Bega Cheese defies headwinds with strong FY26 results and upbeat outlook
• Here’s how experts view Whitehaven Coal and BHP shares after full-year results

Motley Fool contributor Aaron Bell has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Temple & Webster Group. The Motley Fool Australia has recommended Temple & Webster Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

Shares in Universal Store Holdings Ltd (ASX: UNI) are being flagged as a buy by brokers, and one is tipping that the already healthy dividend will continue to increase in the coming years.

Solid profit result underpins strong dividend flows

The youth wear retailer on Thursday reported full-year sales of $376.1 million, up 12.9% on the previous year, and an underlying net profit of $40.5 million, up 16.3%.

A fully-franked final dividend of 17 cents per share was declared, bringing the full-year dividend payout to 43 cents per share, for a dividend yield of 5.3%.

Group Chief Executive Officer Alice Barbery said regarding the result:

The team delivered another strong full year result, with robust sales and gross margin growth. This performance reflects the continued excellence in providing our customers with on-trend products, a service-oriented experience and engaging communications. The Group is well positioned heading into FY27. Our observation is that our customer remains willing to spend on quality, on-trend clothing from brands they love. As always, we continue to focus on cost discipline as we invest in our team and system capability to support future growth.

Within the Universal Store stores, the company’s private brands accounted for 51% of sales, while “a strong assortment of third-party brands continues to be a key element of presenting customers with an on-trend offering”.

So far in FY27, total sales are up 9.1% on the same period last year.

Universal Store said it intends to open 16 to 20 stores during the year, comprising nine to 10 Universal Store stores, six to eight Perfect Stranger stores, and one to two Thrills stores.

Brokers say Universal Store shares are looking cheap

UBS said the company’s earnings were higher than consensus estimates and at the top end of guidance.

They said like-for-like sales so far this year were “pleasing in Universal Store and very strong in Perfect Stranger given the tough previous corresponding period”.

UBS has a price target of $9 on Universal Store shares compared to $8.07 at the time of writing.

The broker is also forecasting that the dividend yield will increase each year out to FY30, when it will be 8.7%.

RBC Capital Markets said Universal’s result was good, “with clean beats on all metrics”.

The broker added that the company’s gross margin outlook looks good and the balance sheet is strong.

They added:

We have no concern over management flexibility to fund the FY27 store rollout.

RBC has a price target of $9.50 on Universal Store.

Universal Store is valued at $540.9 million.

The post This retailer’s dividend yield could top 8% in coming years: Broker appeared first on The Motley Fool Australia.

More reading

• Why this ASX consumer discretionary stock could be the pick of the sector 
• Universal Store FY26 results: Sales, profit up as store rollout continues
• 2 ASX shares with dividend yields above 8%
• How much is needed in superannuation to target a $12,000 monthly passive income?
• I’d buy 11,295 shares of this ASX stock to aim for $400 a month of passive income

Motley Fool contributor Cameron England has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has recommended Universal Store. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

ASX consumer discretionary stock Universal Store Holdings Ltd (ASX: UNI) just soared 17% on the back of earnings results. 

Investors were gobbling up shares in the company following a result that included double-digit revenue growth and ongoing store expansion. 

A new report from Bell Potter suggests this could be a sign of what’s to come over the next 12 months. 

What did the company report?

As reported by Laura Stewart yesterday, the company reported a 12.9% rise in revenue to $376.1 million for FY26, with underlying NPAT up 16.3% to $40.5 million.

Other results included: 

• Underlying net profit after tax (NPAT) of $40.5 million, up 16.3%
• Statutory NPAT of $18.2 million, down 21.6% due to non-cash impairments
• Gross margin of 62.5%, up 1.4 percentage points
• Underlying EBIT of $64.0 million, up 17.2%
• Final fully franked dividend of 17 cents per share (FY total dividends: 43.0 cps). 

Prior to yesterday, this ASX consumer discretionary stock had faced several sector-related headwinds. 

However, it seems the tide could be turning. 

Bell Potter renewed confidence

Following the release, Bell Potter provided updated guidance on this ASX consumer discretionary stock. 

The broker saw the FY26 result as a clear beat, with revenue above guidance and EBIT at the top end, while FY27 trading has started positively despite tough comparables. 

Group retail sales were up 9%, with particularly strong like-for-like growth. 

The biggest positive was the FY27 store-opening guidance of 16-20 stores, well above Bell Potter’s prior estimate. 

They have lifted their forecast to 17 net new stores, putting the core Universal Store network on track to reach around 100 stores by FY28.

Upgraded target price for this ASX consumer discretionary stock

Based on this guidance, Bell Potter retained its buy recommendation. 

It also lifted its price target to $9.70 (previously $9.30). 

From yesterday’s closing price, this indicates a further 17% upside. 

Our TP increases by ~4% to $9.70/share given our modest earnings revisions and time creep. We remain supportive of UNI’s continued ability to gain market share in a niche streetwear/womenswear category as the overall retail sector goes through a cyclical low point in FY27. We see this backed by UNI’s continued execution to attract the selective youth customer spend.

At 15x FY27e P/E and continuing to offer ~9% EBIT growth over FY27-29e (BPe), we retain our optimistic views on UNI as a high quality retailer with a healthy balance sheet and maintain our BUY rating.

The post Why this ASX consumer discretionary stock could be the pick of the sector  appeared first on The Motley Fool Australia.

More reading

• Buy, hold, sell: Bega Cheese, Temple & Webster and Whitehaven Coal shares after results
• This retailer’s dividend yield could top 8% in coming years: Broker
• Universal Store FY26 results: Sales, profit up as store rollout continues
• Why this ASX 200 stock is a buy after posting record results
• Healthcare results wrap: Are Cogstate and Pro Medicus shares a buy, hold or sell?

Motley Fool contributor Aaron Bell has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has recommended Universal Store. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.