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Super Retail Group Ltd (ASX:SUL) is a retail conglomerate that traces its history back to the 1970s, it’s now one of the biggest in the country. It operates a number of recognisable retail brands including BCF Boating Camping Fishing, Macpac, Rebel, and Supercheap Auto. It’s headquartered in Brisbane and has over 12,000 employees in Australia, New Zealand and China.
The Super Retail Group Ltd (ASX:SUL) share price is under the spotlight after the company gave a FY25 trading update.
The Super Retail Group Ltd (ASX:SUL) share price rose more than 6% in response to the company’s FY24 result.
Here’s today’s The Match Out report from Market Matters’ James Gerrish. Key point: the S&P/ASX 200 (INDEXASX: XJO) finished up +1.06% to 7,680.70.
The benchmark S&P/ASX 200 (INDEXASX: XJO) surrendered 81.5 points, or 1.1 per cent, to 7414.8, while the broader All Ordinaries (INDEXASX: XAO) was also down by 1.1 per cent, losing 83 points to 7,647.
Here’s today’s The Match Out report from Market Matters’ James Gerrish. Key point: the S&P/ASX 200 (INDEXASX: XJO) finished down -1.09% to 7,414.80.
Weaker iron ore prices saw BHP Group Ltd (ASX: BHP) shed 53 cents, or 1.1 per cent, to $47.18, while Rio Tinto Ltd (ASX: RIO) lost 83 cents, or 0.6 per cent, to $128.32, and Fortescue Ltd (ASX: FMG) eased 13 cents, or 0.5 per cent, to $27.24.
Here’s today’s The Match Out report from Market Matters’ James Gerrish. Key point: the S&P/ASX 200 (INDEXASX: XJO) finished down -0.027% to 7,496.30.
The Super Retail Group Ltd (ASX:SUL) share price is up more than 4% after providing a good trading update.
The S&P/ASX 200 (INDEXASX: XJO) has shown lots of share price ups and down this year. Luke Laretive of Seneca Financial Solutions tells us 3 reasons why we are underweight ASX retail shares. Are these share prices undervalued?
