We feel with pressures on the UK consumer growing and execution risk high, it is appropriate to be cautious with the stock trading on a full rating and the lack of visibility over underlying retail momentum is unhelpful.
NICK BUBB | ARDEN PARTNERS
Given the grim consumer outlook, we had all our fingers crossed for what super SuperGroup would have to say.... and it looks fine... We are happy with our £70m full-year pre-tax profit forecast.
AMISHA CHOHAN | MERCHANT SECURITIES
The Q1 trading update for the 13 weeks to 2 May to 31 July is better than expected... The UK roll-out is on track, with two new stores opened in Q1 bringing the total to 62.