0026 GMT - Divergent fortunes of Super Retail's leading businesses help to keep Barrenjoey at neutral. The bank is encouraged by Supercheap Auto's positive momentum, with like-for-like sales accelerating to 5% in the key holiday period across November and December. That's a solid result in a highly promotional and competitive market, analyst Tom Kierath says. "However, Rebel still seems a work in progress given supply chain challenges and stock loss issues which will take some time to resolve," he says of Super Retail's sports equipment and clothing brand. Rebel's like-for-like sales growth improved in November and December to 5%, but slowed in the first eight weeks of 2H to 2%. Super Retail is up 1.4% at A$15.47 today.(david.winning@wsj.com; @dwinningWSJ)
(END) Dow Jones Newswires
February 26, 2026 19:26 ET (00:26 GMT)
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