Analyst Views: What did you think of Supergroup’s recent trading performance?

 
Kasmira Jefford
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KATE CALVERT | INVESTEC
SuperGroup’s slightly better-than-expected first quarter performance should reassure that the UK is solid and the long-term growth story intact. Encouragingly like-for-likes are positive in the second quarter to date...we believe the company is
on the right trajectory to achieve our forecasts.

JOHN STEVENSON | PEEL HUNT
Like-for-like sales were in line with expectations, although the surprise is the strong acceleration for the first five weeks of the second quarter.. we put this down mainly down to the cooler weather and a pull forward in demand, but a good endorsement of new ranges nonetheless, tracking ahead of expectations.

FREDDIE GEORGE | CANTOR FITZGERALD
The trading update to end of June was broadly in-line with consensus expectations and is likely to be viewed positively by the market. We still believe the company has a great opportunity to develop its on-line and international sales, with focus at present being Germany.

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