RCG Corporation Limited (ASX: RCG) is an investment holding company which owns and operates a number of footwear businesses in the performance, comfort and active lifestyle sectors. These include retailers;
The Athlete's Foot Australia is a retailer of athletic footwear and operates over 148 stores across Australia and New Zealand.
Nine news Finance reports that according to The Motley Fool,
that despite the unpredictable conditions
surrounding the Australian retail market, RCG Corporation has performed
exceptionally well. In an industry where competitors are cutting down costs to
improve margins, RCG Corporation's management has been focusing on increasing
its future earnings growth.
In its
most recent FY14 report, RCG Corporation grew net profit after tax by a solid
11.2% to $11.7m.
Placing RCG at the second most popular corporation to invest in for 2014.
RCG's annual reports can be found here
Hi Grace - sounds like you have an interesting company ... to be succeeding in retail in recent years is most impressive. As we progress in the course it will be great to see how they have been able to do this. Regards, Martin
ReplyDeleteThanks for your input Martin. I'm enjoying learning about my company. I had in mind reading the annual report that it was going to a huge wrap for the company, somewhat of a PR release that they are. However it is good to see some information stating their recent success.
ReplyDeleteGrace
I like how your blog is progressing in regards to your company and layout. while this has been a good read, I also wanted to thank you for input on my company. That post in the moodle forum made me more aware of environmental issues. It is a problem faced even by the retail industry. originally i was so focused on only my compant and what i was presented with but there is so much more.
DeletePlease feel free to visit my blog and let me know what you think.
http://mattysmith00.blogspot.com/
Thanks, matt :)
Thanks Matt.
ReplyDeleteYeah I know where you are coming from. I definitely view environmental issues as a important issue from all industries after all our companies do play a huge part in it development.
Thanks for replying
Grace