Supercheap hits top gear

 

SUPERCHEAP Auto has hit the gas in a tough market to record profit across its three core businesses in a stellar second half trading performance.
Sales growth in the group’s three businesses for the 18 weeks to May 2, 2009 were Supercheap Auto 6 per cent; BCF 10 per cent; and Goldcross Cycles 6 per cent.
“Supercheap Auto has traded consistently well over the period, benefiting from the introduction of new products, our store refurbishment program and supply chain initiatives,” says Birtles.
 “BCF has also performed very strongly, as a result of product innovation, local ranging initiatives and an increase in the number of people taking camping holidays over the summer and Easter periods.
“Goldcross Cycles’ Melbourne stores have also benefited from an increase in marketing and an improved range offering.”

Get our daily business news

Sign up to our free email news updates.

Please tick to verify that you are not a robot

 

Help us deliver quality journalism to you.
As a free and independent news site providing daily updates
during a period of unprecedented challenges for businesses everywhere
we call on your support

Make smarter investing decisions with an Earnings Calendar
Partner Content
With the US reporting season just around the corner, it pays to know when exactly to gi...
moomoo
Advertisement

Related Stories

Afterpay owner Block Inc shares slammed following savage short seller report

Afterpay owner Block Inc shares slammed following savage short seller report

Shares in NASDAQ-listed Block Inc. (NASDAQ: SQ) - formerly Square -...

Aged care operator Estia Health receives $775m takeover offer from Bain Capital

Aged care operator Estia Health receives $775m takeover offer from Bain Capital

One of Australia’s largest residential aged care providers, E...

Invest Inya Farmer turns a shopping list of farm produce into a new investment class

Invest Inya Farmer turns a shopping list of farm produce into a new investment class

Victorian-based startup Invest Inya Farmer (IIF), armed with $1.1 m...

Board exodus at Nitro software as five directors depart, Potentia takes over

Board exodus at Nitro software as five directors depart, Potentia takes over

A Melbourne-founded software group that took on Adobe in the pdf ma...