Super Retail Group posted positive sales in the second half of FY25, thanks to the strong performance of BCF and Rebel.
The group’s like-for-like sales grew 3.1 per cent, with BCF’s sales rising 9.1 per cent, benefitting from a a strategic investment in stock availability and a solid Easter trading period.
Rebel’s sales increased 3.5 per cent, attributed to positive contributions from footwear and health and wellbeing equipment categories.
However, Supercheap Auto’s sales slid 0.1 per cent and Macpac’s sales both slid 0.1 per cent.
Despite stronger sales, the group noted that gross margins are tracking below the same period last year.
Super Retail Group has launched a 12-month project to replace its ageing payroll system and implement a new Human Resources Information Management (HRIM) system, with associated costs to be reported under the Group and Unallocated segment.
The company also expects to incur duplicated operating expenses during the transition to its new Victorian distribution centre.
Including $10 million in previously guided duplication costs, Group and Unallocated expenses are projected to reach $42 million in FY25, up from $36 million in FY24.
In FY26, combined costs related to the new HRIM system and the distribution centre transition are expected to total $29 million.