Macpac has grown its like-for-like sale in the first 16 weeks of FY23 by 78% compared to the same period in FY22.
This is buoyed by record wet weather, according to its parent company, Super Retail Group (SRG).
Rebel has also seen a growth in the same like-for-like sales comparison by 20%, with the ongoing recovery in foot traffic driving its sales growth.
SRG CEO and MD Anthony Heraghty further cited improved stock availability from key global sports brands as well as an uplift in licensed sales during AFL and NRL finals for Rebel’s growth.
For Macpac, Heraghty said that its New Zealand store performance in the first quarter was impacted by lack of staff availability due to COVID-19, as well as a slow recovery in tourism.
Growth in like-for-like sales has been noted across the Group’s entire brand portfolio, which includes BCF and Supercheap Auto.
“Group gross margin percentage in the first sixteen weeks is in line with gross margin percentage delivered in the prior comparative period,” Heraghty said.
“While current trading remains strong, the Group expects higher mortgage rates and increased cost of living expenses will begin to impact consumer spending.
"The value proposition of the Group’s brands, our large active club member base, and the resilience of our key auto and sports categories, mean the Group is well positioned for more challenging retail trading conditions ahead.
“As always, the Group’s first half result will be highly dependent on trading in the peak Christmas holiday period.”