Three stocks that are grabbing attention on quality – But are these worth a buy now?
Growth in normalised net profit after tax: Super Retail Group Ltd (ASX: SUL) had reported for a 65.7% growth in net profit after tax attributable to owners for the 26-week period to 31 December 2016 of $74.4 million, over the prior comparative period. Normalised net profit after tax increased by 26.3% and the segment Earnings Before Interest and Tax (EBIT) at $115.2 million, witnessed a rise of 23.7%. The Auto and Sports Divisions witnessed segment EBIT growth of 10.1% and 19.5%, respectively, while the Leisure Division delivered stronger results with segment EBIT growth of 53.7%.
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