Analysts at Macquarie Bank have noted inconsistent sales across Super Retail Group's four retail businesses, including Rebel, Macpac, BCF, and Supercheap Auto.
Better performances at Rebel and Macpac are being offset by struggles at BCF and Supercheap Auto, with the latter experiencing weaker like-for-like sales.
The share price response reflected weaker Supercheap Auto and BCF like-for-like sales, which overhang improvements in Rebel and Macpac.
Author's summary: Super Retail Group faces inconsistent sales across its businesses.