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SuperGroup - Forecast eps of 94.3p and 105.7p

May 2017

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:
  • 1572p
SuperGroup will announce a pre-close trading update on 11 May, which ought to show recent progress continuing. To recap, SuperGroup had  retail sales growth of 25% and 20.6% in H1 and Q3, respectively, driven by strong like-for-like growth (12.8% and 14.9%, respectively).The company should be benefiting from significant investment in new operational infrastructure  including the EU and US distribution centres (DCs), which are now live. The US DC is ahead of schedule and distributing 100% of orders in the US. The EU DC is being rolled out channel-by-channel to minimise risk. Until now, the margin on a foreign website order was lower than in a shop. This might appear counterintuitive but arises because SuperGroup had to shi ...

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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.

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