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