Supergroup Share Discussion Threads

[tjbird] 12/1/2017 07:15

PEAK TRADING UPDATE - 10 WEEKS TO 7 JANUARY 20175



The Group performed well during its peak trading period with Retail revenues of £162.1m, increasing by 20.6% year-on-year. This growth reflects continued like-for-like growth1 of 14.9%, the positive impact of the Group's store expansion programme and includes the benefit from the weakness in sterling. The Group traded in-line with its planned promotional strategy, throughout peak, with a series of on-line sub-category promotions prior to Christmas followed by a focused clearance event.



The Group opened 9 net new stores in the 10 weeks, adding 74,000 sq. ft. to its trading space.



Euan Sutherland, Chief Executive Officer, commented:

"The first half year has seen further good progress with a strong sales performance in all channels, particularly Wholesale. This converted to profitable growth after continued investment in both expanded distribution capability and in our development markets.



Dividend goes up massively

What not to like!

This really should be £25-£30 a share already for this consistent delivery

[tjbird] 11/1/2017 08:45

sailed through Brexit and expanding all over
Look forward

[tjbird] 10/1/2017 12:42

Upbeat retail data and weak pound boosts FTSE

StockMarketWire.com

After a run of closing all-time highs, the blue chip index continued to move higher and gained 0.2% to 7,251. A weak pound against the dollar and a rally by retail stocks on positive independent data helped to keep the FTSE 100's upward momentum.

Retail stocks were boosted by the British Retail Consortium's (BRC) report of a strong Christmas week, which encouraged spending growth in December and World Kantar figures.

[tjbird] 10/1/2017 12:41

into orbit

[tjbird] 10/1/2017 07:24

Good read across from BOO - 55% headline sales growth, strong trading through key period lifts FY guidance yet again




SGP is going to hit £20 in the next quarter imho, dyor

[tjbird] 09/1/2017 16:14

loads of good ecommerce stuff going on



Commenting on SuperGroup's performance Euan Sutherland, Chief Executive Officer, said:

"This is another good performance particularly when set against last year's strong first half trading. Our new product ranges continue to perform well and during the second quarter our continuity ranges provided trading resilience when the weather across Europe was unseasonably warm.



Our focus remains on executing the clear growth opportunities for the Superdry brand, together with key third quarter trading period ahead of us. The long-term opportunity for the brand is underpinned by continued investment in infrastructure and our multi-channel strategy that combines the ongoing development of our e-commerce platform with a disciplined approach to new space growth. Our ongoing diversification across geography, channel and category, reduces the Group's reliance on any individual market and provides further confidence in the Group's future prospects as we develop our global lifestyle brand."

[clocktower] 09/1/2017 14:53

More likely £16. imo.

[wooluf] 09/1/2017 13:21

heading to £18 this week and beyond

[wooluf] 09/1/2017 13:02

Indeed. BOO results tomorrow, watch this fly

[sheep_herder] 09/1/2017 11:57

Shake 'n' vac.

[ggbarabajagal] 09/1/2017 09:43

benefits from weak pound

pound weaker today


update on Thurs

[nw99] 09/1/2017 08:47

Yes stay with it

[essential] 08/1/2017 12:27

Listed as one of Scsw naps of the year for 2017

[aishah] 08/1/2017 11:59

Good to see SCSW concur with my view of SGP trading on a PE of 30x (post 7491).

[abarclay] 08/1/2017 10:17

boss Euan Sutherland is targeting further growth and claims the business can double its sales within the next three years.

If he does that this will indeed be 60 pounds

[ihatemms] 06/1/2017 14:55

I agree clocktower profit takers will move in but it won't be until they're £20 plus- at the moment they're undervalued v peers.
We could see a big lift -off next week with a possible NAP for 2017 in SCSW and TU on Thursday.

[clocktower] 06/1/2017 14:26

Profit takers will help send this back downwards and I doubt if luck will come into it ihatemms.

[ihatemms] 05/1/2017 15:18

Good luck with that clocktower - you'll need it.

[clocktower] 05/1/2017 15:10

Better short on this imo.

[ihatemms] 05/1/2017 14:20

next thursday

[g2theary] 05/1/2017 14:00

When the Christmas trading update due on this one guys?

[rubberbullets] 05/1/2017 11:53

BUY 2200p target

[rubberbullets] 05/1/2017 10:34

nibbling on £17, soon nibble on £20 methinks

[aishah] 05/1/2017 09:54

Peel Hunt reiterate BUY and 1800p target.

[ihatemms] 05/1/2017 08:30

Date revised - out this weekend.