News

RCG profit will be higher than expected

19/05/2011

Australian footwear retailer RCG has confirmed that its full-year net profit will be at the upper end of its earlier guidance of AUD 8.4 million ($8.9 million) to AUD 8.8 million ($9.3 million).

RCG, which owns the Athlete’s Foot and Shoe Superstore chains, said it was confident of achieving “the upper end of our profit guidance”, which would represent a 30% increase on last year’s AUD 6.9 million ($7.3 million) net profit.

To continue reading this story, please sign in or register.