Super Retail Group reported total sales of $4.2 billion for the fiscal year ended June 30, 2026, a 3.2% increase from the prior year, as investments in growth initiatives weighed on profitability. Normalised profit before tax declined 7.0% to $306.2 million, while normalised net profit after tax fell 2.8% to $225.9 million. The company’s shares surged 15.76% to $14.54 following the announcement.
Group revenue growth was driven by a 3.9% rise at Supercheap Auto and a 4.5% increase at rebel, though BCF reported a modest 0.2% gain. Like-for-like sales growth slowed to 1.8% overall, down from 2.5% in the first half to 1.1% in the second half. Gross margin expanded by 10 basis points to 45.7%, but normalised profit before tax margin contracted by 80 basis points to 7.3%. Normalised earnings per share decreased 2.8% to 100.0 cents, while annualised return on capital fell to 16.7% from 17.7%.
The company’s net debt stood at $14 million at year-end, a shift from a net cash position of $63.3 million previously. Total inventory rose $73.1 million to $959.9 million, and operating cash flow increased by $15.8 million to $593.1 million, achieving a 92% cash conversion rate. Capital expenditure declined to $123.2 million from $165.4 million in FY25, with group and unallocated costs rising by $28.5 million to $68.1 million, driven by higher project investments.
Supercheap Auto, the group’s largest segment, reported sales of $1.59 billion, up 3.9%, with like-for-like growth of 2.7%. The segment’s profit before tax rose 3.3% to $203.3 million, supported by a 12% increase in fitment services installations to over 1 million. Active club membership grew 4% to 5.1 million members, representing 84% of sales. Rebel’s sales increased 4.5% to $1.42 billion, with like-for-like growth of 3.8%, while gross margin improved by 60 basis points.
BCF’s sales rose 0.2% to $952.7 million, with like-for-like sales declining 2.1%, and profit before tax falling 14.3% to $52.3 million. Macpac, the smallest segment, posted sales of $239.5 million, up 3.5%, with profit before tax rising 32.0% at reported currency and 44.7% at constant currency. The group’s total addressable market across auto, sport, and outdoor categories is estimated at $65 billion.
Group-wide active club membership reached 13.1 million, accounting for 85.5% of total sales, while online sales grew 5.3% to $552.1 million, representing 13.1% of total revenue. The company opened 28 net new stores during the year, ending with 797 locations. Sustainability initiatives included a 72.4% waste diversion rate and the installation of 2.3 MW of rooftop solar capacity.
For the first seven weeks of FY27, group like-for-like sales grew 1.5%, with total sales up 3.5%. FY27 guidance includes capital expenditure of approximately $160 million and group and unallocated costs of about $60 million, with a target of opening 18 net new stores. Chief Executive Paul Bradshaw noted that the results reflect deliberate long-term investments despite the short-term earnings impact.
