Super Retail Group Ltd

SUL: XASX (AUS)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	A$95.00	Wpmpg	Cbkcllf

Super Retail: Weaker Demand for Sporting and Leisure Goods to Crimp Profits

Johannes Faul

Jan 15, 2024

We maintain our fair value estimate on no-moat Super Retail at AUD 10.50 per share, with shares screening as materially overvalued. This reflects our more cautious view on the group’s profit margin outlook.

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