SuperGroup exceeds expectations - Fashion firm SuperGroup - TopicsExpress

SuperGroup exceeds expectations - Fashion firm SuperGroup (LON:SGP) was living up to its name on Thursday morning after a better than expected trading update. Shares were up more than 10% in mid-morning trade as like-for-like (LFL) sales in the first quarter of the companys fiscal year fell less than expected. The market had expected a LFL sales decline of 4.0% for the retail division in the three months to 26 July, whereas the decline was only 3.7%. While a LFL sale... ow.ly/2MUGvK

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