Super Retail Group reports solid earnings

Published on Fri, 04/05/2012, 12:00:31

|

Super Retail Group has maintained solid levels of growth across all divisions despite depressing trade conditions.

In the 17 weeks to 18 April 2012, its sales growth of its Auto & Cycle and Sports division were both up 3 per cent whiles its leisure division experienced a 2.3 per cent rise.

Peter Birtles, Super Retail Group managing director, says the results were pleasing.

“Although our growth has slowed since the first half, our performance is particularly creditable given the very strong like for like sales growth experienced in the comparable period when Supercheap Auto delivered 6.7 per cent and BCF Boating Camping Fishing delivered 10.6 per cent,” he said.

“Gross margin has also been solid with the Auto and Cycle division delivering gross margin in line with the prior comparative period and the Leisure and Sports division delivering gross margins in line with our first half performance.”

The company also announced the Group’s chief financial officer Gary Carroll will assume the role of general manager group development as soon as a new CFO is appointed.

In Carroll’s new position, he will lead the group’s development of integrated multi-channel customer offer, supply chain and system capabilities.

Super Retail Group says a new CFO will made in due course.
 


RELATED ARTICLES



comments powered by Disqus
240

© The Intermedia Group. www.intermedia.com.au | Click Here to Advertise | Privacy & Copyright |