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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Supergroup - Q4 sales up 30%

July 2016

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

  • Epic Code:
  • SGP
  • Price:
  • 1472p
A strong finish to the year with Q4 sales up almost 30% to £98.7m. Retail like-for-like sales were up 15.4%, an acceleration from the +1.2% seen in Q3, helped by the launch of its new women’s and men’s “sportswear plus” premium ranges and 30% online growth.In wholesale, second half sales rose 20% and is up almost 14% for the full year, helped by the opening of 48 more franchised stores. Although sales rose, higher costs from the timing of a US acquisition, increased bonuses and incremental service costs for its e-commerce side meant forecasts remain unchanged, with eps of 69.7p expected in year ended April ’16, rising to 81p this year.Like most clothing retail stocks the shares have been he ...

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