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
$13.95 |
Change
0.060(0.43%) |
Mkt cap ! $3.132B | |||
| Open | High | Low | Value | Volume |
| $13.83 | $13.96 | $13.83 | $988.4K | 71.20K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 348 | $13.95 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $13.96 | 505 | 4 |
View Market Depth
| Last trade - 12.39pm 17/06/2025 (20 minute delay) ? |
| SUL (ASX) Chart |