The company, which owns Super Cheap Auto, Macpac, rebel and BCF, would pay a fully franked dividend of 44 cents a share plus a 25 cent special dividend. That adds to the 34 cents a share interim dividend.

The final dividend was also at the top end of the company’s payout policy.

Super Retail shares jumped 7 per cent this morning following the announcement.

Chief executive Anthony Heraghty said while there was positive sales growth in 2023, it had moderated.

Significantly, the company also added 1 million active members to its loyalty club in the year. It now has about 10 million active members across its brands.

He said cost savings in the year had offset the impact of higher inflation.

“As a result, the group has been able to deliver a 50 basis points improvement in profit before tax margin and 12 per cent growth in normalised net profit

“Pleasingly, despite the increase in interest rates and cost of living expenses which have affected consumer spending, the group has delivered a resilient second half trading performance.

“The group achieved 6 per cent like-for-like sales growth in the second half with all four core brands reporting positive same-store sales growth.”

Net profit for year was $263 million, an increase of 9 per cent on the 53 weeks in the 2022 year and an 11 per cent increase when adjusted.