Godfreys boss exits

John Hardy steps down as vacuum retailer cuts forecast earnings due to weaker than expected sales and delays in franchise rollout.

Godfreys turns to majority franchise model

‘Vacuum cleaner retailer Godfreys has detailed plans to shift to a majority franchise model, with the move to result in $2 million in restructuring charges’, reported The Australian on 19 October 2016.

Godfreys slashes dividend despite top end earnings

‘Vacuum cleaner retailer Godfreys has slashed its dividend despite delivering earnings at the top end of its revised forecast after a year that saw two chief executives depart,’ reported The Australian on 26 August 2016.

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