RCG Corporation (RCG) has made record full year profit and final dividend for the year ended 27 June 2010 on the back of continued strong trading by its operating businesses.

The company’s consolidated net profit is up by 30.6 per cent from $5.3 million to $6.9 million for the 2010 financial year.

Its flagship chain store, The Athlete’s Foot (TAF), has 143 stores across Australia and New Zealand recorded total sales growth of 11.6 per cent from $166.7 million to $186.1 million for the year.

“This is the sixth consecutive year during which TAF has achieved like-for-like growth of more than 8 per cent and total sales growth in excess of 10 per cent,” RCG said in a statement.

During the 2010 financial year, TAF opened eight new stores while another two stores have opened in this new year. In addition, seven existing stores were converted to the larger format taking the total of large format stores to 18.

RCG Corporation chairman Ivan Hammerschlag says, “The business continues to deliver consistently outstanding results, in contrast to the significant volatility being experienced by the wider retail secto.”