Macpac gear is good but it's quite niche and specialised, which as I have posted previously is not really SUL's usual business model. I'm not convinced SUL is the right owner for the brand.
But a great bounce back from the lockdown era nonetheless. Looks like about $150M NPAT for the group which I think is about 67c EPS for the HY? A very good result and should be another good dividend.
SUL Price at posting:
$12.44 Sentiment: None Disclosure: Held
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