Given the premium rating and no upgrades, coupled with the gross margin comment, the shares may struggle to make progress.
NICK BUBB | ARDEN
The statement reads very well, with Christmas going well. SuperGroup looks to be ahead of expectations in sales for womenswear for 2011 to 2012.
MATTHEW MCEACHRAN | SINGER CAPITAL MARKETS
If the business were trading on a low multiple raw material rises etc would not matter. But it’s not, and has had unimpeded progress.