BCF, one of the outdoor retailing banners of the Australian-based Super Retail Group, raised its revenues by 3 percent to 514.6 million Australian dollars (€318.4m-$350.0m) in the financial year ended on June 29. Sales grew by 6 percent online and by 3.2 percent on a comparable store basis at brick-and-mortar. The company blamed increased discounting for a drop in gross margin that led to a decline of 24 percent in operating income to A$ 20.8 million (€12.9m-$14.1m). BCF ended the year with 136 stores after three openings and one closure.
Macpac, which absorbed the Super Group's former Rays banner after its acquisition in March 2018, saw its turnover jump by 70 percent to A$ 138.8 million (€85.9m-$94.4m), driving an increase in Ebit to A$ 13.0 million (€8.0m-$8.8m) from A$ 2.3 million. Same-store sales went up by 7.3 percent and e-commerce jumped by 24 percent. Macpac opened 16 stores in the course of the year, ending with 61 small-format units and nine larger Adventure Hub stores.
At Rebel Stores, the chain of generalist sporting goods stores owned by the group, sales rose by 4 percent to A$ 1,016.4 million (€628.7m-$691.0m), with comparable store sales advancing by 3.3 percent and operating profit growing by 3 percent to A$ 93.8 million (€58.0m-$63.8m).
Overall, the Super Retail Group, which also operates an automotive parts business, reported a 9 percent increase in net income to A$ 139.3 million (€86.2m-$94.7m) on 5 percent higher revenues of A$ 2,710.4 million (€1,676.1m-$1,842.4m) for the year.
The company plans to open four new BCF stores, while closing one, and eight Macpac units including one Adventure Hub.