CommBank are attributing the hit to a response to this line from the trading update:
"In response to a cautious consumer, we have activated a higher level
of promotional activity across the business which has successfully generated top line
growth but adversely impacted margin." - Mr Anthony Heraghty, Managing Director and Chief Executive Officer, Super Retail Group
Which could be read as 'sales are up, but don't ask about GP'
Still a buy from me, perhaps more so after this big slide...
News: SUL Super Retail Group Posts Total Sales Growth Of 4.2% For First 16-Weeks, page-3
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Last
$15.32 |
Change
-0.020(0.13%) |
Mkt cap ! $3.459B | |||
| Open | High | Low | Value | Volume |
| $15.34 | $15.37 | $15.20 | $4.862M | 317.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 55 | $15.32 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $15.39 | 522 | 2 |
View Market Depth
| Last trade - 16.10pm 31/07/2025 (20 minute delay) ? |
| SUL (ASX) Chart |