Super Retail (ASX:SUL) sales soar 23 per cent

Company News

by Anna Napoli

Super Retail Group (ASX:SUL) has posted sales growth of 23 per cent and like-for-like sales growth of 24 per cent for the 26 week period ending 26 December 2020.

Online sales increased by 87 per cent to $237 million.

The retailer says the record result driven by unprecedented consumer demand throughout the period.

The Group now expects to deliver Statutory NPAT of between $170 million and $173 million and Normalised NPAT (pre AASB 16) of between $174 million and $177 million in the period.

Shares in Super Retail (ASX:SUL) are trading 0.6 per cent lower at $11.68.