Super Retail Group interim sales hit $2.2B
Super Retail Group (ASX:SUL) has reported a solid performance for the first half of the 2026 financial year, underpinned by a 4.2% increase in total sales to $2.2 billion.
Despite navigating a competitive retail landscape and variable consumer demand, the group achieved like-for-like sales growth of 2.5%.
Statutory net profit after tax reached $104.1 million, while normalised NPAT stood at $121.9 million.
Managing Director and CEO Paul Bradshaw highlighted the resilience of the group's portfolio, particularly noting steady growth in Supercheap Auto and a standout performance from Macpac.
The period saw an expansion of the digital footprint, with online sales rising 9% to $312 million.
The group's loyalty programs also showed strong momentum; active club membership grew by 8% to reach 13 million members, supported by the launch of Supercheap Auto’s ‘Spend & Get' initiative.
The group continued its network optimisation by opening 16 new stores while closing 10.
Investment remains a priority, with the new national distribution centre in Truganina, Victoria, and major HR and payroll system upgrades progressing as planned.
While the projects and increased store activity led to higher costs and a slight 20-basis-point dip in gross margin, the group maintains a robust financial position with no drawn bank debt and a $108 million cash balance.
Shareholders will receive a fully franked interim dividend of 32 cents per share.
