Australia's Super Retail Group set for worst day in nearly 5 years on results miss

SUPER RETAIL

20/02/2025 24:54

** Shares of Super Retail Group  SUL.AX  fall as much as
13.6% to A$13.995, set for their worst day since March 19, 2020
    ** Stock hits lowest level since July 19
    ** Retail group posts HY EBIT of A$218.1 million ($138.23
million), missing Visible Alpha consensus by about 3%
    ** "However, we see signs of improvement in 2H25 momentum
across all brands, which is encouraging," say analysts at Citi
    ** About 1.1 million shares change hands, 2.6x the 30-day
average
    ** Stock down 8.7% YTD, including session's moves

($1 = 1.5778 Australian dollars)

 (Reporting by Jasmeen Ara Shaikh in Bengaluru)
 ((Jasmeenaraislam.shaikh@thomsonreuters.com))