Shaver Shop Group fight on in tough retail market

15/03/2018 08:18:00

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The Shaver Shop Group (ASX:SSG) has reported their cancellation of on-market buy-back shares.

Between January 1st 2018 and 9 March 2018 they cancelled 429900 shares.

The Australian and New Zealand grooming retailer showed earlier this year that not all Australian retailers are suffering in a challenging market. The company showed significant sales growth during its first half.

Last month the company showed sales grow 99 per cent to $93.4 million.

They saw new store openings and a tax boost from buying back franchises.

Shares in The Shaver Shop (ASX:SSG) closed up 1.08% to $0.47 yesterday.