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Supergroup

June 2014

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:
  • 1166p
The shares have retraced sharply following a Q4 statement, which recorded sales up 12.4% to £97.8m. Within that, wholesale sales were up 11.2% to £43.1m and slightly ahead of forecast. Retail sales in Q4, however, fell short with sales up 13% to £54.6m (underlying 1.3% decline in like-for-likes against forecasts of +5%). During the year, Supergroup opened 100,000 sq ft of new space (year-on-year +18%). The like-for-like decline was what spooked the market but this was a consequence of Easter falling later than normal, one less trading day this year and the warmer weather, which resulted in a shift in mix from coats (outerwear has higher average transaction values) to t-shirts and tops (with lower average transaction values). But s ...

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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

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