Australia · Delayed Price · Currency is AUD Super Retail Group Earnings Call Transcripts
Fiscal Year 2026
-
Record half-year sales and strong customer engagement offset by margin pressure and higher costs, leading to a 6.9% decline in normalized PBT. Segment performance was mixed, with Macpac and Supercheap Auto outperforming, while rebel and BCF faced challenges from inventory and weather.
Fiscal Year 2025
-
Record sales surpassed AUD 4 billion, with strong online growth and continued store expansion. Leadership transition was managed decisively, with a new CEO appointed and board actions to reinforce governance and culture. Dividend payouts reached AUD 0.96 per share, and key risks include retail crime, digital transformation, and maintaining culture.
-
Revenue exceeded $4 billion for the first time, with 4.5% growth and strong online sales. PBT and EPS declined due to margin pressure and stock loss, but all brands saw improved momentum in the second half. FY 2026 starts with positive trading and a strong balance sheet.
-
Revenue grew 4% to $2.1B with strong online and club member sales, but gross margin fell 70 bps due to loyalty investment and stock loss. Segment results were mixed, with BCF outperforming and Supercheap Auto and Rebel facing margin pressure. CapEx and store expansion remain priorities.
Fiscal Year 2024
-
Record revenue and strong shareholder returns were achieved despite a challenging retail environment, with significant investments in omni-retail, sustainability, and store expansion. Leadership transitions, robust governance, and a focus on safety and gender equity were emphasized. All resolutions were recommended for approval.
-
Record sales and strong cash position offset by cost inflation, leading to lower PBT. Dividends total AUD 1.19 per share, with robust online and store growth. FY2025 starts strong, but cost pressures and consumer uncertainty persist.