SUL +4.70%: The retailer posted a strong FY22 set with NPAT falling ~20% but still coming in ahead of consensus. They hit record sales for the year including +5% growth in like-for-like sales in the second half. The final dividend of 43c was around 40% ahead of the market consensus. FY23 has started positively with group sales +12% for the YTD, Macpac leading the charge up 42%!
MM is bullish SUL ~$10
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