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Super Retail Group Limited ( (AU:SUL) ) has shared an announcement.
Super Retail Group Limited announced amendments to its sales growth figures for certain periods, with the overall sales growth for weeks 1-44 remaining at 4.2%. The company reported a 3.1% like-for-like sales growth in the second half of FY25, driven by strong performance at BCF, despite subdued retail conditions in New Zealand. Gross margins are below the previous year’s levels, and the company is focusing on strategic initiatives such as moving away from lower-yield promotional activities and managing costs. Additionally, a project to replace the payroll system and implement a Human Resources Information Management system is underway.
More about Super Retail Group Limited
Super Retail Group Limited operates in the retail industry, focusing on providing automotive, sports, and outdoor leisure products through its brands such as Supercheap Auto, rebel, BCF, and Macpac. The company primarily serves the Australian and New Zealand markets.
Average Trading Volume: 764,035
Technical Sentiment Signal: Hold
Current Market Cap: A$2.99B
For detailed information about SUL stock, go to TipRanks’ Stock Analysis page.