Supreme (LON:SUP) Releases Quarterly Earnings Results

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

Supreme Stock Performance

Shares of LON:SUP opened at GBX 148 on Wednesday. The firm has a fifty day simple moving average of GBX 154.90 and a two-hundred day simple moving average of GBX 146.69. 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 stock has a market capitalization of £173.63 million, a P/E ratio of 8.18 and a beta of 1.04.

Analyst Ratings Changes

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

Key Supreme News

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.

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.