Supreme (LON:SUP) Announces Quarterly Earnings Results

Supreme (LON:SUP) issued its quarterly earnings data on Wednesday. The company reported GBX 18.90 earnings per share (EPS) for the quarter, Digital Look Earnings reports. Supreme had a net margin of 8.71% and a return on equity of 27.64%.

Supreme Price Performance

LON:SUP traded down GBX 10 on Wednesday, hitting GBX 146. The company had a trading volume of 233,679 shares, compared to its average volume of 213,100. The stock has a market capitalization of £171.28 million, a price-to-earnings ratio of 8.07 and a beta of 1.04. The company has a current ratio of 2.01, a quick ratio of 0.98 and a debt-to-equity ratio of 26.43. The firm has a 50 day moving average of GBX 154.90 and a two-hundred day moving average of GBX 146.69. Supreme has a 52 week low of GBX 123 and a 52 week high of GBX 195.

Wall Street Analysts Forecast Growth

Separately, Shore Capital Group reissued a “house stock” rating on shares of Supreme in a research report on Wednesday.

Supreme News Summary

Here are the key news stories impacting Supreme this week:

• Positive Sentiment: Shore Capital reaffirmed Supreme as a “house stock,” suggesting continued broker confidence in the company’s role as a stable portfolio name.
• Positive Sentiment: Supreme’s latest results showed solid profitability, including GBX 18.90 EPS, a 27.64% return on equity, and an 8.71% net margin, which may help support valuation. MarketBeat Supreme Plc earnings and stock page
• Neutral Sentiment: Most of the headline coverage centered on U.S. Supreme Court rulings and political/legal stories, which appear unrelated to Supreme Plc’s business and are unlikely to drive the shares directly.

About Supreme

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.