Australian Super Retail Group, which owns Rebel Sport, BCF and Macpac, reported a 12 percent gain in annual profit before tax to A$391 million (€251.5m) for the 12 months ended July 1 as yearly revenues rose 7 percent to A$3.8 billion (€2.4b). The consolidated results also include those from the Supercheap Auto chain.
At Rebel Sport, which ended the fiscal year with 159 stores, annual Ebit improved by 5.1 percent to A$161.8 million (€104.1m) as profit before tax (PBT) jumped by 3.6 percent to A$146.0 million (€93.9m). Sales grew by 8.0 percent year-over-year to A$1,309.1 million (€842.1m), fueled by basketball and soccer, the introduction of the “homes of sport” format, and a rebound in sports participation. Online sales of A$198 million equaled 15 percent of chain revenues.
At outdoor chain BCF which closed the year with 157 stores and had 50 percent year-over-year growth from private and strategic brands, PBT declined by 14.4 percent to A$51.0 million (€32.8m). Annual comparable store sales were flat, but overall revenues inched up by 1.2 percent to A$839.9 million (€540.3m). Online sales of A$94 million represented 11 percent of all revenues. Fishing was the strongest category, while camping sales maintained their prior year’s result. Gross margin fell by 180 basis points as the chain was forced to respond to increased promotional activity by key competitors.
Macpac posted a 54 percent increase in annual PBT to A$28.7 million (€18.5m) and ended the FY with 89 doors. Year-over-year revenues were 22 percent higher at A$216.4 million (€139.2m) versus A$176.8 million. Online sales of A$39 million represented 18 percent of the chain’s annual revenues. Sales growth was supported by an increase in travel and outdoor adventure activity and the removal of Covid-related restrictions. Year-over-year sales were 26 percent higher in Australia and up 20 percent in New Zealand.
