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Super Retail Group Limited ( (AU:SUL) ) has shared an announcement.
Super Retail Group Limited reported a 4% increase in sales to $2.1 billion for the half-year ending December 28, 2024, despite challenging consumer conditions, particularly in New Zealand. The company experienced growth in online sales, which rose by 10%, and an 8% increase in active club members. However, gross margins decreased slightly due to inflationary pressures, which also impacted PBT growth. The Group expanded its store network with 19 new openings and 14 refurbishments, maintaining a strong cash balance with no drawn bank debt. Strategic initiatives helped navigate the peak trading period, contributing to accelerated growth in their BCF and rebel brands.
More about Super Retail Group Limited
Super Retail Group Limited operates in the retail industry, focusing on outdoor, leisure, and sports products. The company manages popular brands such as BCF, rebel, Macpac, and others, with a significant focus on both in-store and online retail markets.
YTD Price Performance: 9.88%
Average Trading Volume: 470,695
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: A$3.77B
See more insights into SUL stock on TipRanks’ Stock Analysis page.
