Super Retail Bear Thinks Five-Year Targets Are Ambitious -- Market Talk

Dow Jones

Jun 12

0335 GMT - Super Retail Group's bear at Morgan Stanley says the Australian company's five-year strategy hinges on an ability to maintain attractive store unit economics at the same time as delivering cost efficiencies. Analyst Mac Ross thinks Super Retail's aim of having 900 outlets under its brands by 2031 is ambitious. He tells clients in a note that supply-chain automation and optimization, along with the staged migration of its enterprise resource planning system, are the key enablers of the efficiencies needed to support Super Retail through its growth. MS raises its target price 2.8% to 11.20 Australian dollars, but reiterates an underweight rating. Shares are up 0.2% at A$12.38. (stuart.condie@wsj.com)

(END) Dow Jones Newswires

June 11, 2026 23:35 ET (03:35 GMT)

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Analyst Mac Ross thinks <a href=\"https://laohu8.com/S/SUL.AU\">Super Retail</a>'s aim of having 900 outlets under its brands by 2031 is ambitious. He tells clients in a note that supply-chain automation and optimization, along with the staged migration of its enterprise resource planning system, are the key enablers of the efficiencies needed to support Super Retail through its growth. MS raises its target price 2.8% to 11.20 Australian dollars, but reiterates an underweight rating. Shares are up 0.2% at A$12.38. (stuart.condie@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  June 11, 2026 23:35 ET (03:35 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Super Retail Bear Thinks Five-Year Targets Are Ambitious -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSuper Retail Bear Thinks Five-Year Targets Are Ambitious -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-06-12 11:35</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0335 GMT - <a href=\"https://laohu8.com/S/SPRRY\">Super Retail</a> Group's bear at Morgan Stanley says the Australian company's five-year strategy hinges on an ability to maintain attractive store unit economics at the same time as delivering cost efficiencies. Analyst Mac Ross thinks <a href=\"https://laohu8.com/S/SUL.AU\">Super Retail</a>'s aim of having 900 outlets under its brands by 2031 is ambitious. He tells clients in a note that supply-chain automation and optimization, along with the staged migration of its enterprise resource planning system, are the key enablers of the efficiencies needed to support Super Retail through its growth. MS raises its target price 2.8% to 11.20 Australian dollars, but reiterates an underweight rating. Shares are up 0.2% at A$12.38. (stuart.condie@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  June 11, 2026 23:35 ET (03:35 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU1064131342.USD","symbol_name":"Fullerton Lux Funds - Global Absolute Alpha A Acc USD","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2642225944","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2642225944","pubTimestamp":1781235300,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0335 GMT - Super Retail Group's bear at Morgan Stanley says the Australian company's five-year strategy hinges on an ability to maintain attractive store unit economics at the same time as delivering cost efficiencies. 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Analyst Mac Ross thinks Super Retail's aim of having 900 outlets under its brands by 2031 is ambitious. He tells clients in a note that supply-chain automation and optimization, along with the staged migration of its enterprise resource planning system, are the key enablers of the efficiencies needed to support Super Retail through its growth. MS raises its target price 2.8% to 11.20 Australian dollars, but reiterates an underweight rating. Shares are up 0.2% at A$12.38. (stuart.condie@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  June 11, 2026 23:35 ET (03:35 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"}}}