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Super Retail (ASX:SUL) records $3.8B sales & $263M NPAT in its FY23 Results

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Super Retail Group (ASX:SUL) has announced its full-year results for the period ending 1 July 2023, revealing record sales of $3.8 billion, and a statutory net profit after tax (NPAT) of $263 million.

Comparatively, the group sales have increased by 7% adjusted to 9% for the 53rd week in FY22, while the group like-for-like sales growth was 8%.

The group's financial performance was significantly enhanced by the addition of more than a million active club members to their customer loyalty base.

Among the highlights of the announcement was a fully franked final ordinary dividend of 44 cents per share, with a special dividend of 25 cents per share.

The company opened 24 new stores during this period, and has anticipated to open an additional 24 stores in FY24.

 

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