Rebel Sports Thrives Down Under in Pandemic
Sales at Super Retail Group’s sporting goods banner increased 15% to A$624 million ($446 mm) in the 26 weeks ended Dec. 26, including a +17% comp and a 102% increase in online sales, which is expected to generate EBIT of A$99 to A$100 million. Record online sales over cyber weekend in Nov. carried over to solid demand through Christmas. The group’s BCF outdoor chain performed even better, growing sales 51% to A$428 million with +51% same store sales and 113% ... Log in to view full article.