Super Retail Group reported total sales of AUD 4.2 billion for the 2026 financial year, a 3.2% increase from the prior period, as the company’s shares jumped 15.3% to AUD 14.48 following the release of its earnings results.
Normalized profit before tax declined 7% to AUD 306 million, with a pre-tax margin of 7.3%, down 80 basis points year-over-year. Normalized net profit after tax totaled AUD 226 million, while normalized earnings per share fell 2.8% to AUD 1.00. Gross margin improved slightly to 45.7%, up 10 basis points. Operating cash flow increased by AUD 16 million to AUD 593 million, with a cash conversion rate of 92%. Net debt ended the year at AUD 14 million.
The company declared a final fully franked dividend of AUD 0.33 per share, bringing aggregate annual ordinary dividends to AUD 0.65 per share. This places the payout ratio at the top end of the 55% to 65% range, yielding 7.64%. Super Retail Group has maintained dividend payments for 22 consecutive years. Capital expenditure totaled AUD 123 million, AUD 42 million below the prior year.
Digital and online sales grew 5.3% to AUD 552 million, representing 13% of total revenue. Click-and-collect sales increased 10.3%, while operating costs rose 4%. Post-tax return on capital stood at 16.7%.
By segment, Supercheap Auto reported total sales of AUD 1.6 billion, up 3.9%, with like-for-like growth of 2.8% in Australia and 1.4% in New Zealand. Profit before tax increased 3.3% to AUD 203 million, though the margin declined 10 basis points to 12.8%. The rebel brand posted total sales of AUD 1.4 billion, a 4.5% increase, with like-for-like sales growth of 3.8% and a 60-basis-point improvement in gross margin. Profit before tax rose 4.3% to AUD 105 million.
BCF’s total sales grew 0.2% to AUD 953 million, though like-for-like sales fell 2.1%. Segment profit before tax increased 14.3% to AUD 52 million, despite a 90-basis-point decline in margin to 5.5%. Macpac recorded total sales of AUD 240 million, up 3.5%, with like-for-like growth of 1.5% and a 32% rise in segment profit before tax to AUD 13.6 million.
The company added a net 15 new stores in FY 2026, with 28 openings and 13 closures. Super Retail Group plans to open a net 18 new stores in FY 2027. The workforce exceeded 15,500 team members, and the Total Recordable Injury Rate improved from 12.1 in FY 2025 to 10.9 in FY 2026. Active club members totaled 13.1 million, representing over 85% of sales, with the Group’s Net Promoter Score rising from 71 to 74.
Early trading in FY 2027 showed total sales up 3.5% and like-for-like sales up 1.5% over the first seven weeks. Management expects inventory levels to normalize toward 21% to 22% of sales, while cost growth is projected to ease from the 4% pace observed in FY 2026.
