Via AFR:
Shares in Super Retail Group slumped 15 per cent on Tuesday as weaker than expected first-half profit and full-year guidance compounded doubts over the $135 million acquisition of adventure wear retailer Macpac.
Super Retail Group, which owns Rebel Sport, Super Cheap Auto, BCF and Rays, confirmed the acquisition of New Zealand-based Macpac after reporting a disappointing 3 per cent fall in December-half net profit to $72.2 million.
