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Article Date: January 2024
Word Count: 207

Outdoor Banners Pace Super Retail Group Growth

Sports and outdoor results at the Australian retailer were mostly up in the mid- to high-singles for the fiscal ’24 first half, according to a preliminary trading update. Total results, which include Supercheap Auto, increased 3% to AUS$2,020 million ($1,315.1 million) on the top line with a +1% comp, benefiting from positive Holiday results and e-commerce sales. Those results were tempered by slowing results late in Q2 as cost-of-living pressures hit consumers. Total profit before tax is expected in the range of AUS$200 to AUS$203 million as gross margin is expected ... Log in to view full article.


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