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ANALYST VIEWS: WHAT DID YOU MAKE OF SUPERGROUP’S RESULTS?
WAYNE BROWN | COLLINS STEWART
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.