Superdry Share Discussion Threads

[tratante] 24/4/2018 09:41

Anyone know what caused the sudden drop? Apart from people selling shares, obviously!

[aishah] 04/4/2018 22:21

Took profits after recent events. James holder also reducing. Hope both founders honour the announcement back in September to support the long term incentive scheme to share their wealth with 4500 staff. Only time will tell.

[buoycat] 27/3/2018 12:49

Good buying opportunity in my view. Superdry is more than one man and will continue to flourish

[1bonanza] 27/3/2018 10:19

Wow that was quick!

[1bonanza] 27/3/2018 09:51

Nothing until the 10th May could see this back in the 14s !

[aishah] 27/3/2018 08:31

He does have a decent shareholding to dispose of :-(

[bookbroker] 27/3/2018 07:54

Certainly has been, but I think the brand has stretched itself too far in its ranges, looking at the behemoth the Trinity, Leeds store is, and that may be small against some others, it is bewildering the amount of stock avaliable. They must have sky high gross margins, and appears fashion heading back to the fifties/sixties. Some of the gear is taken out of Grease or The Fonz, rolled up denim effect shirts, not sure, but the brand will presumably carry them through!

[bigbigdave] 27/3/2018 07:47

Good luck to him, what a success story from market trader to global brand.

[aishah] 27/3/2018 07:42

Fresh blood and ideas will drive them forward. Good move.

[tratante] 27/3/2018 07:34

Wonder if this has been rumoured for a while and explains the lack lustre share price since the New Year high? Clearly not a man to rest on his laurels. Best of luck to him his new ventures.

[1bonanza] 27/3/2018 07:23

Julian leaving. Could take a bashing today.

[the white house] 08/3/2018 14:21

1803 : year end trading update 10 May

[the white house] 08/3/2018 09:15

Liberium upgrade to buy from hold, short term price target 2100. The 'home of the jacket' should have appreciated the cold snap more than most

[che7win] 07/3/2018 08:07

Why the strong start?

[iandippie] 31/1/2018 16:11

Frustrating daily pattern where it nose dives around 4pm :-(

[the white house] 29/1/2018 10:59

He ain't got an appointment in his diary with Amazon to arrange a takeover

[fz13] 29/1/2018 10:28

Holiday money, he still owns over 20mi shares

[runthejoules] 25/1/2018 12:16

Wish I'd bought when it was -3.69% this morning but I'm in for a nibble!

[albanyvillas] 17/1/2018 12:29

Bought back in

[opodio] 16/1/2018 12:02

rise gathering strength

[tjbird] 15/1/2018 09:11

Consistent with our dividend policy, we announce today an interim dividend of 9.3 pence per share (1H17: 7.8 pence per share), being one-third of the FY17 full year dividend. This will absorb an estimated £7.6m of shareholders' funds. The interim dividend will be paid on 26 January 2018 to shareholders on the register of the close of business on 19 January 2018.


Dividend lads

[tjbird] 11/1/2018 14:13

Special dividends on the horizon. We forecast significant growth in free cash
flow from an average of £14m pa over the past three years through the build-out
phase to an average of £86m pa over the next three years in the ‘reap’ phase. If we
assume management intends to retain a cash buffer of £100-120m, this leaves
>£200m for shareholder distribution from FY18-20. Of that, £86m funds our
forecast ordinary dividend, implying £120m is available for special dividends,
and that would be an ongoing annual special of c£60m+ assuming there is no
other investment priority.

[aishah] 11/1/2018 11:55

All on track here. Some profit taking. Time to add more imo. Peel Hunt BUY, 2300p target

[tjbird] 11/1/2018 11:10

Jack Torrance
10 JANUARY 2018 • 3:33PM
Superdry is pinning its hopes on China and womenswear as it bids to maintain a strong run of growth.

The fashion brand’s revenues soared 20pc to £402m in the 26 weeks to October 28, boosted by strong sales of down jackets and an expanded snow and ski range.

But its shares dropped as much as 10pc today after analysts pointed to a slowdown in growth in the run-up to Christmas. Sales at stores open more than one year climbed 4.7pc in the 10 weeks to January 6, compared with a 14.9pc surge the year before.

Euan Sutherland, chief executive, said that womenswear, which currently accounts for around 36pc of Superdry’s revenues, was the firm’s “single biggest opportunity” for future growth, while he also sees “huge” potential in China.

The brand currently has 14 stores in the country owned by its joint venture with Trendy International Group, and plans to expand through franchised stores and online sales via a shop on the Alibaba-owned site Tmall.

Superdry also hopes to cash in on growing demand for sportswear after inking a deal to become official clothes supplier to the UK's team at this year's Invictus Games.

Mr Sutherland shrugged off the early slide in Superdry’s share price, suggesting investors were profit-taking after the shares gained 28pc since it outlined its new strategy in September.

Euan Sutherland
Superdry boss Euan Sutherland
Pre-tax profits, meanwhile, fell 28pc to £9.1m after it took a £15.9m hit on its foreign exchange hedging strategy. Stripping out that and other exceptional costs, profits grew 21pc to £25.3m.

Superdry, which ditched its old corporate name SuperGroup earlier this week, opened 91 stores in the 26-week period, 23 of its own and 68 franchised and licensed outlets.

Mr Sutherland said the board was confident of delivering full-year profits within analyst expectations of £97.7m to £100.6m.

Peel Hunt analyst John Stevenson said: “Superdry remains one of our top picks, offering a clear global growth story and increasingly strong levels of cash generation.”

The strong performance from the retail chain appeared to defy gloomy forecasts of high street trading. Industry data earlier this week suggested that non-food retailers had struggled during the Christmas period.





Bought back in

[the white house] 10/1/2018 13:32

A line I noted/disliked was re expansion of store area of 13.9 pc resulted in an increase in sales of 3.1 pcI nor the local sales staff cannot explain why, when banging on about being digital kings etc they have discontinued the app I used to use via iPhone when Next, Zara, Boohoo & even Wetherspoons are improving theirs? Why?