Super Retail Group (SUL) Trading update summary

Trading performance

• Group like-for-like growth moderated amid industry-wide pressure on consumer confidence and discretionary spending.

• Year-to-date earnings remained in line with management’s expectations.

• Disciplined cost management and margin optimisation remained a focus.

Brand performance

• Supercheap Auto: Q1 like-for-like sales growth 2.5%; total sales growth 3.4%.

• rebel: Q1 like-for-like sales growth 0.3%; total sales growth 2.3%; both brands grew market share.

• BCF: Q1 like-for-like sales growth (1.1%); total sales growth 3.5%; higher fuel prices weighed particularly on the brand.

• Macpac: Q1 like-for-like sales growth (11.7%); total sales growth 0.2%; year-on-year promotional cycles and milder winter conditions affected trading.