British retailer SuperGroup Plc (SGP.L), in its trading update covering the 13 and 52 week periods to April 28, 2013, said its total Group sales advanced by 15.3% to 86.8 million pounds for the fourth quarter, and by 14.7% to 360.1 million pounds for the full year. With a solid trading performance in the final quarter of the year, the Group said it is well placed to deliver underlying pre-tax profit in line with market view.
During the 13-week period, total retail sales reached 43.8 million pounds, up by 10.9% on the previous year and both the internet and the Group's standalone stores performed well. On a like-for-like basis, quarterly sales went up 5.0% and in the year to date was up 6.9%. Total sales growth for the year is 18.3%.
Thirteen-week wholesale sales totaled 43.0 million pounds, up 20.2% on the prior year. For the full year, sales growth was up 9.2% and continues to be driven by strong international demand for the brand.
For comments and feedback: editorial@rttnews.com