Super Retail Group expects to report profits after record first-half sales from all core brands, according to preliminary results. For the 26 weeks to December 31, the business says sales grew 15 per cent to $1.9 billion after all brands traded strongly over the peak cyber sales and Christmas holiday trading period. Normalised profit before tax is expected to range between $212 million and $218 million while like-for-like sales for the half were up 11 per cent. Sports retail subsidiary Rebel reg
Sign up to our free daily newsletter | Unlock 15 news articles per month
Already a subscriber?
Log in
Rebel registered $682 million in sales followed by BCF at $447 million and Macpac at $101 million.
Group MD and CEO Anthony Heraghty described this as a “record first-half sales performance”.
“Effective and targeted promotions and a disciplined approach to cost management have ensured that this top-line growth has translated into strong first-half earnings.”
Further details on the first half performance will be released during an interim results presentation in February.
Further reading: Super Retail Group delivers record sales, eyes expansion
