Super Retail Group

(AI video summary)

This video was created on 16 September 2025 for IG audiences by ausbiz.

ASX code: SUL

Super Retail Group undergoes leadership changes 

Super Retail Group has terminated the employment of its group managing director and chief executive officer (CEO), Anthony Heraghty. This decision follows an announcement from the Australian Securities and Investments Commission (ASIC) about undisclosed relations with a former executive.

Consequently, the company's board has revoked Heraghty's incentives. David Burns, the current chief financial officer (CFO), will serve as interim CEO during the search for a permanent replacement.

Strong sales drive robust profit

Despite leadership changes, Super Retail Group reported strong net profit driven by sales from Rebel Sport and Supercheap Auto, which contribute significantly to the group’s earnings. Recent data indicate improved sales growth in May and June, boosted by better cost management and higher margins.

Investment outlook

Although there is some uncertainty regarding future strategies, analysts are optimistic about the group's strong market position. Factors such as a favourable rate-cutting environment and the company's solid performance record offer potential benefits. Supercheap Auto's strong market presence remains resilient despite pricing and competitive pressures.