SSG 0.83% $1.20 shaver shop group limited

New 52 weeks high today for Super Retail, Accent, Universal...

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    New 52 weeks high today for Super Retail, Accent, Universal Store, after publishing their FY 24 results (Accent to publish tomorrow).

    Last sales update by retailers for first 7 weeks of FY 25 :
    . SUL : + 3 % lfl (vs - 1 % for H2 24),
    . Universal Store main chain : + 12.5 % lfl (H2 : + 6.6 % for H2 24),
    . Baby Bunting : + 2 % lfl (- 5.6 % for H2 24),
    . JB Hifi chain July only : + 5.2 % lfl (vs an estimate of + 1.2 % for H2 24).

    Given that Shaver Shop has a good track record in term of gross margin and cost control, this sales trend for other retailers looks another good sign for Shaver Shop.
 
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