Report
Johannes Faul
EUR 100.00 For Business Accounts Only

Super Retail Group's market-leading position doesn't insulate it from rising competitive threats.

No-moat-rated Super Retail calmed investors’ nerves by guiding to flat year-on-year group EBIT margins for fiscal 2018, excluding a contribution of AUD 5 million from the Macpac acquisition, which closed in early April. We maintain our group EBIT estimate of AUD 213 million, or AUD 208 million excluding Macpac, equating to an underlying group margin of 8.3%, 10 basis points lower than in fiscal 2017. At a group EBIT margin of 8.4%, in line with company guidance, we estimate EBIT increases by 2% ...
Underlying
Super Retail Group Limited

Super Retail Group's main activities are result in the following business segments: Auto, which include retailing of auto parts and accessories, tools and equipment; Leisure, which include retailing of boating, camping, outdoor equipment, fishing equipment and apparel; and Sports, which include retailing of sporting equipment, bicycles, bicycles accessories and apparel. Co.'s principal brands include Amart Sports for sports products such as equipment, apparel and associated accessories; BCF for an outdoor retailer; Rays for an outdoor entertainment and camping leisure retailer; Rebel for sporting and goods such as fitness equipment; and Supercheap Auto for automotive parts and accessories.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Johannes Faul

Other Reports on these Companies
Other Reports from Morningstar

ResearchPool Subscriptions

Get the most out of your insights

Get in touch