Australia's Super Retail Group drops on slowing sales growth, macro warnings

SUPER RETAIL

23/10/2025 04:40

** Shares of Super Retail Group SUL.AX drops as much as 4.1% to A$16.44, its biggest intraday pct drop since Sept 16
** Co posts total sales growth of 4.5% in first 16 weeks of FY26 vs 5% rise for first seven weeks

** Retailer flags consumer spending outlook remains uncertain, expects consumers to manage spending carefully
** YTD, SUL up 10.3%

 (Reporting by Nichiket Sunil in Bengaluru)

 ((Nichiket.Sunil@thomsonreuters.com))