Super Retail Group (SUL) +4.15%: Result in line with low expectations in terms of top line sales and profitability. Retail is tough but SUL doing a good job to grow like-for-like sales at +2.9%. The Capex spend for FY20 was guided to $90m which is big, more investment online plus in better store footprints while they also said that trading conditions were ‘subdued’ at the start of the year.
Super Retail Group (SUL) Chart
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