ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for discussion Register to chat with like-minded investors on our interactive forums.

SGP Supergroup

2,060.00
0.00 (0.00%)
03 May 2024 - Closed
Delayed by 15 minutes
Supergroup Investors - SGP

Supergroup Investors - SGP

Share Name Share Symbol Market Stock Type
Supergroup SGP London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 2,060.00 01:00:00
Open Price Low Price High Price Close Price Previous Close
2,060.00 2,060.00
more quote information »

Top Investor Posts

Top Posts
Posted at 30/10/2017 09:40 by tjbird
results were 10 November last year

Those are gonna make delicious reading after the awesome investor day imho


roll on twenty pounds
Posted at 04/10/2017 14:08 by che7win
As BOO falls this rises, a much better investment imhoAny one else read the 200 page investor presentation or was it just me!!
Posted at 30/9/2017 20:46 by tjbird
Share of the Week: Going from great to amazing
By David Brenchley | Fri, 29th September 2017 - 16:32
Share this
Share of the Week: Going from great to amazing
It was described by broker Canaccord Genuity as "one of the most comprehensive capital markets days that we have attended in recent years", and SuperGroup (SGP) clearly impressed analysts and investors invited to a two-day event which outlined the clothing retailer's strategy to take its flagship Superdry brand "from great to amazing".

And analysts in attendance were gushing. "We are absolutely persuaded that near-to mid-term profit forecast risk remains to the upside," says Panmure Gordon's Peter Smedley. "The strength and depth of management... was hugely impressive," added Canaccord's Sanjay Vidyarthi.

Chief executive Euan Sutherland and his team told the crowd that the company would rebrand as Superdry. It's aiming for "strong" yearly sales growth with operating costs to grow more slowly, 0-30 basis points of gross margin uplift per year, "moderate" operating margin expansion and improved cash conversion between 2018 and 2020.

A lot's already been achieved in the last few years. It's invested significantly in infrastructure, systems, processes and product quality; delivered cracking returns; seen 10 consecutive quarters of like-for-like retail sales growth; and paid out dividends totalling £58 million.

Now, it wants to capitalise on what it sees as a huge untapped world market opportunity, despite already being present in 148 countries. It aims to strengthen its already strong global digital brand and continue its "relentless innovation".

"We are more excited today than we have ever been before about the future of Superdry and our ability to create long-term sustainable growth for our investors by delivering on our compelling strategy," added Sutherland.

"Having doubled pre-tax profit FY12-15, we expect another 50% growth FY17-20, with free cash flow as a percentage of sales rising from 1.2% in FY17 to 10.5% by FY20E," says Vidyarthi.



Smedley's slightly ticked up earnings per share (EPS) forecasts for 2018 and 2019 to 94.8p and 111.6p respectively, though he cautions that the cost of growth may prove higher than the market is hoping for. For that reason, he admits his 1,898p target price is "cautiously set".

"However, a continuation of SGP's recent consistency... over the next 6-12 months may well encourage us to take that leap of faith and be more ambitious".

Vidyarthi says any concerns over the Superdry brand and longer-term growth prospects have been allayed, while John Stevenson at Peel Hunt reckons "the shares merit revisiting for those that dismiss SuperGroup as a one-trick pony".

Rating and price targets on the stock are already pretty bullish. Still, "there's significant growth ahead", Stevenson adds. He himself is the most positive, with a price target of £21.10. That said, the share price has found it tough to make any break above £17 stick. And we're nearly there again after an 8% rally this week.

A forward earnings multiple of 16 times is a sector premium, but the shares do trade at a big discount to the online retailers. That valuation is "compelling" according to Vidyarthi, while Smedley says "the CMD is likely to shine a spotlight on that undeserved significant discount".

It remains to be seen whether a first-half trading update on 9 November will be the catalyst needed to lift shares above its resistance level.

This article is for information and discussion purposes only and does not form a recommendation to invest or otherwise. The value of an investment may fall. The investments referred to in this article may not be suitable for all investors, and if in doubt, an investor should seek advice from a qualified investment adviser.
Posted at 05/7/2017 10:49 by albanyvillas
SuperGroup (SGP) is set to open a number of standalone Superdry Sport stores as a play on the popularity of its "athleisure" range of products. Chief executive Euan Sutherland said that the range brings a fashion-first approach to sportsware, whereas other popular sports brands such as Nike and Adidas tend to focus on the technical elements first and fashion second. Sport is part of the "innovation" ranges at Superdry, which also includes premium and snow lines, which together doubled its proportion of group revenue over the past year to "high single digits", according to Mr Sutherland.

New store openings - 80 new stores were opened over the year, taking the total of 555 - helped overall retail sales grow by 20.8 per cent to £502.5m, and the refurbishment of 10 stores next year should provide a further boost. But management said the fastest-growing route to customers was online, with year-on-year sales up by 35 per cent, taking the proportion of sales through e-commerce to 25.9 per cent. However, an increased proportion of wholesale revenue and more clearance sales throughout the year squeezed the margin by 130 basis points to 60.2 per cent.

Analysts at Cantor Fitzgerald expect adjusted pre-tax profit of £98m for the year to April 2018, giving EPS of 94.1p, up from £87m and 84.5p in FY2017.

SUPERGROUP (SGP)
ORD PRICE: 1,532p MARKET VALUE: £1.25bn
TOUCH: 1,530-1,533p 12-MONTH HIGH: 1,791p LOW: 1,185p
DIVIDEND YIELD: 1.8% PE RATIO: 19
NET ASSET VALUE: 457p NET CASH: £67.6m
Year to 29 Apr Turnover (£m) Pre-tax profit (£m) Earnings per share (p) Dividend per share (p)
2013 360 51.8 44.7 nil
2014 431 45.2 34.0 nil
2015 487 59.5 56.1 nil
2016* 598 55.4 50.7 23.2
2017 752 84.8 81.2 28.0
% change +26 +53 +60 +21
Ex-div: 13 Jul

Payment: 22 Sep

*53-week period to 30 April

IC VIEW:
The shares rose around 6 per cent in early trading, suggesting that investors are on board with the focus on sport, and are trading at around 16 times earnings. Analysts think that refurbishments should kick-start growth in the UK, and that there's still room to grow in Europe and the US. Buy.
Posted at 12/5/2017 10:19 by aishah
SuperGroup’s wholesale change translates into sales

"While SuperGroup’s mainly UK retail operation increased like-for-like sales by 12.7 per cent, its wholesale division — which sells clothes via international franchised outlets, department stores and independent shops — achieved 42.9 per cent growth, by removing inefficiencies and carrying the same range as its retail stores.
"

"Tellingly, the wholesale order uplift has not been country specific, giving SuperGroup the confidence to open 62 new international franchises — seven in new territories, such as Russia and Romania.

Having already broken even in the US, after paying £22m to buy itself out of an old licensing deal, analysts now forecast further growth potential. All of which makes SuperGroup’s 20 per cent discount to rivals’ valuations as hard to fathom as its T-shirts. Investors will be hoping for a rerating..."
Posted at 04/1/2017 09:59 by rickmay
INVESTORS SWITCHING OUT OF NEXT INTO SUPERGROUP SGP.
Posted at 23/11/2016 15:43 by aishah
There may be some festive cheer for the UK's retail sector this Christmas after all following the Brexit vote, reckons Liberum, which has outlined its top company picks.

The result on June 23 has impacted retail firms in three main ways - foreign exchange movements, consumer confidence, and company share prices, the broker notes.
Opportunity for investors

There are short term positives and the fact that many firms' share prices remain depressed mean there are opportunities for investors, says the broker.

It highlights B&M, Dixons Carphone (LON:DC.), Hotel Chocolat (LON:HOTC), Jimmy Choo (LON:CHOO), Joules (LON:JOUL), Majestic Wine (LON:WINE), SuperGroup (LON:SGP) and Ted Baker (LON:TED) as top picks. All are rated as 'buy'

Reasons for Liberum's optimism include that the weak pound means Britons are more likely to stay at home and not travel abroad.

By the same token, it also means foreign visitors are more likely to come to the UK to take advantage of the favourable exchange rate and hit the shops.

London captures over 50% of visitor spend and clothing is the most popular shopping category, also highlights analyst Adam Tomlinson

"We would therefore expect retailers with exposure to these to benefit, as well as those in travel locations."

On SuperGroup, the broker reckons that brand strength and European positioning will ensure familiarity for overseas visitors.

"Strength in outerwear should support domestic sales momentum over the Christmas period," it adds. It rates the clothing retailer a 'buy' targeting 1,800p.
Posted at 31/12/2015 10:18 by market sniper3
Just had a message through harebridge, tipped by Investors Chronicle this morning.

If your nice to me I might post the tip.
Posted at 16/12/2015 11:05 by aishah
Do hope investors bought in during the sale yesterday :-)



SuperGroup shares touch 20-month high as investors cheer sales growth
The Superdry owner sees shares bounce back to a 20-month high just 24 hours after being downgraded as interim results reassure investors

10:22AM GMT 16 Dec 2015

The owner of clothes brand Superdry saw its shares climb more than 10pc on the back of a strong first-half trading update, briefly hitting a 20-month high of 1712p.

SuperGroup's total revenues climbed 22pc in the 26 weeks to October 24, from £208.2m to £254.7m.

Pre-tax profit fell from £17.2m to £11.5m, as it suffered from foreign exchange movements and costs related to its new North American business.

However investors were cheered by its underlying profit before tax, which strips out one-off costs and grew 73.6pc to £21.7m, and by its announcement of a maiden dividend.

SuperGroup will pay an interim dividend of 6.2p per share, totalling £5m, to shareholders on February 5.

Shares soared 10pc to 1673p by 10am - just one day after they plunged by almost the same amount after a broker downgraded the stock, warning the retailer could be saddled with excess stock and forced into discounting before Christmas.

Liberum downgraded SuperGroup yesterday on 'valuation grounds'Liberum downgraded SuperGroup yesterday on 'valuation grounds' Photo: Superdry

Euan Sutherland, chief executive, said: "SuperGroup has made good progress in realising its strategic objectives in the first half and has delivered profitable growth, while continuing to invest in the business.

"With a successful first half completed, the business is well placed for the significant peak trading period.
Posted at 02/12/2015 14:02 by market sniper1
Supergroup PLC (SGP) Rating Reiterated by Investec
December 2nd, 2015 • 0 comments • Filed Under • by ABMN Staff

Supergroup PLC logoSupergroup PLC (LON:SGP)‘s stock had its “buy” rating reiterated by analysts at Investec in a note issued to investors on Wednesday, Analyst Ratings Network.com reports. They currently have a GBX 1,850 ($27.83) target price on the stock. Investec’s price objective would indicate a potential upside of 10.78% from the stock’s current price.

Shares of Supergroup PLC (LON:SGP) opened at 1668.5601 on Wednesday. The stock’s market cap is GBX 1.35 billion. Supergroup PLC has a 12 month low of GBX 750.00 and a 12 month high of GBX 1,690.08. The firm’s 50-day moving average is GBX 1,534.83 and its 200 day moving average is GBX 1,381.71.

In related news, insider Holder,James sold 264,900 shares of the business’s stock in a transaction that occurred on Friday, October 23rd. The stock was sold at an average price of GBX 1,510 ($22.72), for a total transaction of £3,999,990 ($6,017,737.33).



SGP has been the topic of a number of other research reports. RBC Capital raised their price objective on Supergroup PLC from GBX 1,650 ($24.82) to GBX 1,800 ($27.08) and gave the company an “outperform221; rating in a report on Monday, November 9th. Liberum Capital reaffirmed a “buy” rating and issued a GBX 1,280 ($19.26) target price on shares of Supergroup PLC in a research note on Monday, November 2nd. Canaccord Genuity reissued a “buy” rating and set a GBX 1,847 ($27.79) price objective on shares of Supergroup PLC in a research report on Friday, November 27th. Peel Hunt lifted their target price on Supergroup PLC from GBX 1,600 ($24.07) to GBX 1,800 ($27.08) and gave the company a “buy” rating in a research report on Friday, November 27th. Finally, Berenberg Bank reiterated a “buy” rating and issued a GBX 1,390 ($20.91) price objective on shares of Supergroup PLC in a research note on Thursday, September 3rd. One analyst has rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. Supergroup PLC has an average rating of “Buy” and an average target price of GBX 1,573.70 ($23.68).

SuperGroup Plc is a United Kingdom-based fashion retailer company, which offers clothing and accessories. The Company is the owner of the Superdry brand, which is a lifestyle brand that offers clothing, accessories, footwear and cosmetics. It operates in three segments: Retail, Wholesale and Central Cost. Superdry has over 135 United Kingdom and European standalone retail stores and operates from a portfolio of concessions, franchised and licensed stores. Superdry is sold in over 100 countries, through its store portfolio and Websites. Superdry offers t-shirts, polo shirts, hoods and sweats, denim, joggers, tops, dresses, jackets, shirts, knitwear, footwear, as well as a range of bags and accessories. The Company has three reporting units: DKH Retail Limited, C-Retail Limited and SuperGroup Plc. The Company’s network includes franchises, licenses and concessions. It has rights to sell and distribute Superdry products in the United States, Canada and Mexico.

Your Recent History

Delayed Upgrade Clock