Australia's Super Retail drops to over 5-month low on H1 earnings miss
Super Retail SUL.AX falls 5.6% to A$14.84, set for its weakest session since February 20, if losses hold
Stock drops to its lowest level in more than 5 months
The retailer posts first-half sales of A$2,195 million ($1.47 billion), ~1% below Citi's forecast, but in line with VA consensus, as per to a Citi note
Co's outlook of H1 underlying PBT at A$172 million - A$175 million is ~9% below Citi's estimates, and 7% below VA consensus at the midpoint
Jefferies says co managed decent sales overall, but had to offer more discounts than expected because of category-specific issues, softer retail environment in December
Adds that sporting retail arm Rebel's weak sales stem from rivals' aggressive discounts, not Sports Direct; warns risk could rise as Sports Direct scales, with brand ties under strain
SUL stock up 7.3% in 2025
($1 = 1.4934 Australian dollars)
Related Articles
National Debt Bomb Ignited? Musk Warns U.S. Will Be 1000% Bankrupt Without AI
TradingKey - Tesla (TSLA) CEO Elon Musk recently issued another warning regarding the rapidly ballooning U.S. national debt. He stated clearly that without artificial intelligence and robotics, the United States will inevitably head toward fiscal bankruptcy.
Tesla Stock Outlook: Competing With Rivian, Robotaxi Potential, and 2026 Prospects
There is much conversation about the prospect of investing in Tesla (TSLA) as we move closer to 2026. The volatility of its share price in 2025 is leading many investors to consider if they should purchase shares of Tesla given the alternatives available in terms of electric vehicles (Rivian, etc.).
Why Sanae Takaichi Winning Japan’s Diet Election Led to a Surge in Japanese Stock Indices？
TradingKey - Reports indicate that the ruling coalition led by Japanese Prime Minister Sanae Takaichi has secured a single-party majority in the parliamentary elections held on Sunday (February 8). Following the news, the yen weakened slightly, while the Nikkei Index surpassed 57,000 for the first t
A Crash After a Surge: Why Silver Lost 40% in a Week?
TradingKey - Spot silver (XAGUSD) prices continue to decline. Silver plunged 20% on Thursday, breaking below $71 per ounce, with the sell-off intensifying on Friday as prices fell further below $64. Compared to the all-time high set on January 29, silver prices have retraced more than 40%, wiping out nearly all gains accumulated over the previous month.
