Super Retail Group’s Sales Increase After New Store Openings

However, the group’s net profit declined 9 percent to $240 million.

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Super Retail Group’s net income declined despite higher sales amid new stores opening in the 2024 fiscal year.

The group’s net profit fell 9 percent to $240 million (US$163 million) from $263 million while sales rose 2 percent to $3.9 billion from $3.8 billion in the 12 months ended June 29, 2024.