image

The best stocks to buy since 1993

Latest issue now available

Supergroup - A real tour de force in the retail space

December 2016

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

  • Epic Code:
  • SGP
  • Price:
  • 1542p
Our main write up last month was nicely timed with the preclose trading statement showing H1 sales growth running ahead of expectations and causing a 150p jump in the shares on the day.Retail reported total sales +25% to £215m with barnstorming like-for-like sales +12.8%. The pound’s slump benefit accounted for approximately a third of reported growth. But the strong performance also reflects a high level of immature space, ballooning e-commerce sales and the improved ranges (Sportwear and Idris). There were 12 new stores opened in H1, all outside the UK adding 19% to space, which now stands at 939,000 sq ft. Internet sales grew 25%.The best news of all and ahead of my own expectations was that Supergroup opened i ...

To access our archive of articles and to receive current issues you need to subscribe.

Subscribe now

Already a subscriber? Login

Related Articles

With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X

LIMITED PERIOD OFFER!

SUBSCRIBE TODAY AND SAVE £30 WITH OFFER CODE 30OFFSCSW

To access our archive of articles and to receive current issues you need to subscribe