Super Retail Group’s Banners Mixed
The down-under retailer provided a trading update for the first 16 weeks of the new fiscal year in conjunction with its annual meeting, reporting total comps inched up just 0.2%, with a 2% net sales gain, including Rebel Sport, BCF, Macpac, and the Supercheap Auto banner. Rebel comped up 0.3% with +2% sales, amid sluggish demand and elevated competition; however, momentum picked up in the second half ... Log in to view full article.
