Superdry Continued Profits Doubled, Is This The "Squeeze" Stock Market Rhythm?

British fashion recently

Superdry interim dry parent company Supergroup PLC (SGP.L) before the release of interim results.

This performance is also very "amazing".

What's going on? Let's have a look.

By the end of October 24th, in the first half of fiscal year 2015, the group's pre tax profit has recorded an increase of 54.4% to 19 million 300 thousand pounds, compared with 12 million 500 thousand pounds in the same period last year.

Except for the loss of North American market data, the increase is as high as 73.6% to 21 million 700 thousand pounds.

The news directly stimulated the company's share price to soar more than 11% in the opening period, and 8:43AM rose by 12.73% to 1709 pence in London.

By the end of the first half of the year,

PLC has opened 192 Superdry extreme dry stores in the global market, a 41 increase over the same period last year.

The group said it would suspend shops in the mainland and focus on international, especially European ones.

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The group originally planned to set up 150 stores in the UK, but because of the strong momentum of e-commerce, the group felt that it did not need to follow the goals set five years ago.

Supergroup PLC (SGP.L) has jumped by about 90% so far this year, thanks to profit growth and expansion strategy.

At the same time, the first half of Supergroup PLC recorded a rapid growth of 22.3% in the first half of October 24, 2015.

From 208 million 200 thousand a year ago to 254 million 700 thousand pounds.