Steve Daghlian

Now it's down by around 10%.

Now, the reason was that it actually launched a voluntary recall of three batches of its US-labeled infant formula, saying that it detected a toxin

which is linked to foodborne illness.

Now, these are products sold in the United States.

Now, A2 Milk shares have shed roughly a third of their share price since the war in Iran started a couple of months ago.

And recently, it already warned that it is being indirectly affected by the Middle East conflict, including higher freight costs, a lack of capacity to essentially get product that it needs into China as well.

Exactly right.

And Endeavor today is down by around 4%.

This is the group that runs Dan Murphy's and BWS Liquor Chains.

It already has had a bit of a rough time, really, since it listed back in 2021 when it actually split from Woolies.

It has not had an up year since it actually listed.

So it's now down about 10% year to date.

It warned today that the conflict is pushing freight bills higher as well and that there has been a noticeable slowdown in sales in March.

So we already know there's been this trend where

Aussies just are not drinking as much.

That obviously isn't helpful for a company that runs hundreds of liquor stores, but also hundreds of pubs as well, and also blamed this on a sharp drop in consumer confidence.

A smaller company, a really big decliner today is Accent Group.

It's down by around 12%.

This is the footwear retailer, which is behind brands like The Athlete's Foot, Platypus, Sketches, Hype DC as well.

Now, basically, it said that its profit guidance range is being downgraded by more than 20%.