Close×

Super Retail Group has posted a trading update, filing a 4.3% lift in sales across the entire group compared to 2018, in the year to April 27.

The Group owns brands such as Rebel and Macpac.

In the year to April 27 Rebel saw a 4% increase, while Macpac recorded a 2% lift in sales, compared to the same period in 2018.

However, Macpac stood out in the financial-year-to April 27 performance, with sales jumping up 17.8% compared to 2018.

The announcement marks a fresh turn from its $43 million underpayment scandal.

Newly appointed managing director and CEO of Super Retail Group, Anthony Heraghty, said the results are a positive boost to the business.

He said omnichannel, supply chain and operations were a key focus for his first 100 days in the role.

"Our trading performance is encouraging in a tough environment and confirms the underlying strength of our business and our brands.

"Our extensive network of stores, sector-leading brands, loyal customer base and expanding e-commerce capability form a  powerful combination that sets us apart from existing competitors and new entrants to the retail sector in Australia and New Zealand.

“We will continue to enhance our omni-retail channels to provide our customers with multiple touchpoints to engage with our businesses and leverage further growth for the Group. Our strong customer base presents significant opportunities to capitalise on the potential of our brands," he said.

Further to his comments, in a presentation to the Macquarie Bank Australia Conference, Heraghty said that his focus in his first 100 days as CEO includes exploring further opprtunities for a seamless omni-channel experience, supply chain integration and simplification of the operating model to remove duplication.

The results were released on April 30.

comments powered by Disqus