Super Retail Expected to Miss Store Target, Bull Says -- Market Talk

Dow Jones

Jun 12

0431 GMT - Super Retail Group's bull at Macquarie reckons that a shortage of suitable sites will stop the Australian company hitting its 2031 store-count target. A note from the investment bank says it expects the retailer to fall 31 stores short of its 900 target, but doesn't anticipate any incremental capital expenditure on network growth beyond existing forecasts. Anyway, Super Retail's observation that online retail is growing faster than in-store makes the analyst question whether an ambitious store rollout is the best allocation of capital. One positive for the analyst is Super Retail's focus on stores in regional markets, which should support so-called click-and-collect orders in those areas. Macquarie raises its target price by 2.6% to 15.90 Australian dollars and keeps an outperform rating on the stock, which is down 0.2% at A$12.33. (stuart.condie@wsj.com)

(END) Dow Jones Newswires

June 12, 2026 00:31 ET (04:31 GMT)

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A note from the investment bank says it expects the retailer to fall 31 stores short of its 900 target, but doesn't anticipate any incremental capital expenditure on network growth beyond existing forecasts. Anyway, <a href=\"https://laohu8.com/S/SUL.AU\">Super Retail</a>'s observation that online retail is growing faster than in-store makes the analyst question whether an ambitious store rollout is the best allocation of capital. One positive for the analyst is Super Retail's focus on stores in regional markets, which should support so-called click-and-collect orders in those areas. Macquarie raises its target price by 2.6% to 15.90 Australian dollars and keeps an outperform rating on the stock, which is down 0.2% at A$12.33. (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 12, 2026 00:31 ET (04:31 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 Expected to Miss Store Target, Bull Says -- 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 Expected to Miss Store Target, Bull Says -- 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 12:31</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0431 GMT - <a href=\"https://laohu8.com/S/SPRRY\">Super Retail</a> Group's bull at <a href=\"https://laohu8.com/S/MQG.AU\">Macquarie</a> reckons that a shortage of suitable sites will stop the Australian company hitting its 2031 store-count target. A note from the investment bank says it expects the retailer to fall 31 stores short of its 900 target, but doesn't anticipate any incremental capital expenditure on network growth beyond existing forecasts. Anyway, <a href=\"https://laohu8.com/S/SUL.AU\">Super Retail</a>'s observation that online retail is growing faster than in-store makes the analyst question whether an ambitious store rollout is the best allocation of capital. One positive for the analyst is Super Retail's focus on stores in regional markets, which should support so-called click-and-collect orders in those areas. Macquarie raises its target price by 2.6% to 15.90 Australian dollars and keeps an outperform rating on the stock, which is down 0.2% at A$12.33. (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 12, 2026 00:31 ET (04:31 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":"BK7128","symbol_name":"专卖店","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2642425121","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2642425121","pubTimestamp":1781238660,"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":"0431 GMT - Super Retail Group's bull at Macquarie reckons that a shortage of suitable sites will stop the Australian company hitting its 2031 store-count target. A note from the investment bank says it expects the retailer to fall 31 stores short of its 900 target, but doesn't anticipate any incremental capital expenditure on network growth beyond existing forecasts. Anyway, Super Retail's observation that online retail is growing faster than in-store makes the analyst question whether an ambitious store rollout is the best allocation of capital. One positive for the analyst is Super Retail's focus on stores in regional markets, which should support so-called click-and-collect orders in those areas. Macquarie raises its target price by 2.6% to 15.90 Australian dollars and keeps an outperform rating on the stock, which is down 0.2% at A$12.33. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK7128":"专卖店","SUL.AU":"SUPER RETAIL GROUP LTD"},"translate_title":"公牛表示，超级零售预计将达不到商店目标——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SUL.AU":0.9},"content_text":"0431 GMT - Super Retail Group's bull at Macquarie reckons that a shortage of suitable sites will stop the Australian company hitting its 2031 store-count target. A note from the investment bank says it expects the retailer to fall 31 stores short of its 900 target, but doesn't anticipate any incremental capital expenditure on network growth beyond existing forecasts. Anyway, Super Retail's observation that online retail is growing faster than in-store makes the analyst question whether an ambitious store rollout is the best allocation of capital. One positive for the analyst is Super Retail's focus on stores in regional markets, which should support so-called click-and-collect orders in those areas. Macquarie raises its target price by 2.6% to 15.90 Australian dollars and keeps an outperform rating on the stock, which is down 0.2% at A$12.33. (stuart.condie@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  June 12, 2026 00:31 ET (04:31 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":"-1","news_tag":"dataReport","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"}}}