Supergroup Share Discussion Threads

[the white house] 14/11/2017 16:15

All time closing high...

[iandippie] 14/11/2017 11:24

Straining at the leash...

[tjbird] 13/11/2017 08:10

The story here will be China

The Chinese are mad for Chanel and superdry

I keep thinking i should really buy more of these

[tjbird] 13/11/2017 08:09

Drapers record


Superdry owner SuperGroup’s strong growth continues, as the brand announced a 25.2% increase in global brand revenues, to £756.3m in its pre-close statement for the half year to 28 October 2017.

The growth was fuelled by strong performances in wholesale and ecommerce, up 34.1% and 31.6% respectively. Total retail sales also rose, up 12.8% year on year.

SuperGroup also reported gaining a £12m benefit from the impact of foreign exchange in the first quarter of the year.

The brand also highlighted infrastructure development, product innovation and marketing as integral to its growth. Jackets sold well, as did the college style Varisty range. Superdry Sport also continues to grow, with plans for standalone stores in the future.

Commenting on the results, Euan Sutherland, chief executive, said: “Our growth has further diversified the brand, both geographically and across channels, which serves to insulate the business from trading conditions in any single market.

Click here
“Our focus is on executing against the clear growth opportunities we have identified. We have a clear brand positioning, a disruptive multi-channel approach and a growing culture of operational excellence.”

[opodio] 10/11/2017 16:24

Maximus hornicus

Something to buy for weekend press

[larva] 10/11/2017 12:18

Peel Hunt reiterate £21

[iandippie] 10/11/2017 08:55

Could hit headwinds and something else could be disruptive? Wow, what insight. Yawn

[clocktower] 10/11/2017 08:39

If it gets near £20 it looks like a good short again imo. Could hit headwinds and something else could be disruptive.

[tjbird] 10/11/2017 06:49

Superdry revenues rocket
9 NOVEMBER 2017


1 COMMENT
Superdry owner SuperGroup’s strong growth continues, as the brand announced a 25.2% increase in global brand revenues, to £756.3m in its pre-close statement for the half year to 28 October 2017.

The growth was fuelled by strong performances in wholesale and ecommerce, up 34.1% and 31.6% respectively. Total retail sales also rose, up 12.8% year on year.

SuperGroup also reported gaining a £12m benefit from the impact of foreign exchange in the first quarter of the year.

The brand also highlighted infrastructure development, product innovation and marketing as integral to its growth. Jackets sold well, as did the college style Varisty range. Superdry Sport also continues to grow, with plans for standalone stores in the future.

Commenting on the results, Euan Sutherland, chief executive, said: “Our growth has further diversified the brand, both geographically and across channels, which serves to insulate the business from trading conditions in any single market.

Click here
“Our focus is on executing against the clear growth opportunities we have identified. We have a clear brand positioning, a disruptive multi-channel approach and a growing culture of operational excellence.”

[middlesboroughfc] 09/11/2017 13:12

£29 target

[the white house] 09/11/2017 12:52

As my granny used to say 'buy on rumour, buy on fact'

[gucci] 09/11/2017 12:36

massive volume - 2 lots of over 500k and its moving up

[tjbird] 09/11/2017 10:29

The story here will be China

The Chinese are mad for Chanel and superdry


The British retailer has set its sights on China as part of ambitious international growth plans



The SuperDry clothing range is already available to Chinese consumers through Tmall, the People's Republic's answer to Amazon, but chief executive Euan Sutherland, who joined from the Co-op in October last year, says opening bricks and mortar stores gives SuperGroup greater exposure to a “very exciting” economy.

China is forecast to soon overtake the US as the world's largest market for apparel and footwear.

“Customer tastes in China are evolving from luxury brands to brands influenced by pop culture," said Mr Sutherland.

"We believe that the Superdry brand, with the right product, pricing model and infrastructure, is well positioned to be successful."

[3rd eye] 09/11/2017 10:27

The fall in wholesale margin was budgeted for and as not been as a result of competition as some had initially read it as.

from previous results 3rd July..........

Euan Sutherland, Chief Executive Officer, commented:

"SuperGroup has made further significant progress this year, delivering growth in sales, profit and the ordinary dividend as we maintained momentum against all elements of our strategy. Our focus on delivering long-term sustainable growth continues, through a multi-channel approach that balances a disciplined owned and franchised store opening programme with further development of our re-engineered Wholesale channel and strong E-commerce proposition.

Underlying gross margin down 130 basis points ("bps") to 60.2% reflecting strength of Wholesale channel mix.

[tjbird] 09/11/2017 10:24

Superdry parent SuperGroup reported a jump in revenue as it pushed on with an aggressive global expansion plan.

The figures

Global brand revenue was up 25.2 per cent to £756.3m in the 26 weeks to 28 October.

The biggest driver behind the growth was a 34 per cent increase in wholesale revenue to £159.3m. Ecommerce income also grew quickly, climbing 31.6 per cent to £61.2m.

[tjbird] 09/11/2017 10:18

Reckon analysts will be penning Buy notes

The call must be going very swimmingly

[tjbird] 09/11/2017 09:49

1860 -1890p coming later after the conference call

[tjbird] 09/11/2017 09:23

good point whitey

Bounce is on

I will laff my socksoff when it goes blue later

[the white house] 09/11/2017 08:55

Of all the days to have results out picking the same day as Burberry with it's 14% initial fall (now 9.5% fall) & confused strategy statement from it's CE wasn't the best....

[iandippie] 09/11/2017 08:49

Stockmarketwire.com

"SuperGroup increased revenues across all its channels in the 26 weeks to 28 October but warned that gross margins are likely to fall due to a higher weighting to wholesale sales."

"warned"?

I don't recall seeing that word used in SGP's actual statement:

"Gross margin in the period is anticipated to decline year-on-year by approximately 170bps, primarily reflecting the strong participation of Wholesale sales"

Poor summary from Stockmarketwire, makes it sound like a profit warning! Makes you wonder who is behind the wording and what their motives are?

Anyhow, everything seems to be on track making this seriously undervalued.