Supreme (LON:SUP) Posts Earnings Results

Supreme (LON:SUP) issued its earnings results on Wednesday. The company reported GBX 18.90 EPS for the quarter, Digital Look Earnings reports. The business had revenue of £270.21 million for the quarter. Supreme had a net margin of 8.71% and a return on equity of 27.64%.

Supreme Stock Performance

Shares of SUP stock opened at GBX 148 on Wednesday. The firm has a market cap of £173.63 million, a price-to-earnings ratio of 8.18 and a beta of 1.04. Supreme has a 52-week low of GBX 123 and a 52-week high of GBX 195. The company has a quick ratio of 0.98, a current ratio of 2.01 and a debt-to-equity ratio of 26.43. The company’s 50 day moving average is GBX 154.90 and its 200 day moving average is GBX 146.69.

Supreme News Summary

Here are the key news stories impacting Supreme this week:

• Positive Sentiment: Supreme Plc reported quarterly EPS of GBX 18.90 on revenue of £270.21 million, with a net margin of 8.71% and return on equity of 27.64%, a set of results that suggests the business remains profitable and financially efficient. Supreme Plc earnings update
• Neutral Sentiment: The many headlines about U.S. Supreme Court rulings on birthright citizenship, transgender sports bans, campaign spending, and presidential power appear to be unrelated to Supreme Plc and are unlikely to have a direct impact on the company’s shares.

Wall Street Analysts Forecast Growth

Separately, Shore Capital Group reiterated a “house stock” rating on shares of Supreme in a report on Thursday, May 7th.

Supreme Company Profile

Supreme supplies products across three operating divisions: Vaping (previously known as ‘Vaping’ and ‘Branded Distribution’), Drinks & Wellness (‘Sports Nutrition & Wellness’ combined with Typhoo Tea, Clearly Drinks and the newly acquired SlimFast brand), and Electricals & Household (previously ‘Batteries’ and ‘Lighting’, also including the recently acquired 1001 cleaning brand). The Company’s capabilities span from product development and manufacturing through to its extensive retail distribution network and direct to consumer capabilities.