Computers that think

Wearable devices that learn about their users could be ready by 2014.
Cosying up to corruption?

New security bills raise grave concerns.

All data is delayed

Where am I? Home

Lewis sales up 13%

Jan 21 2011 08:02 I-Net Bridge

Bullish Lewis to open more stores

Lewis earnings up, dividend unchanged

Top Stories

Gauteng road project costs rocket

May 25 2012 13:58

The costs of the first phase of the Gauteng Freeway Improvement Project have increased significantly to almost R90bn, according to a report.

Greek euro worries pressures rand

May 25 2012 19:13

Uncertainty over the future of the euro zone returned to push the rand down against the dollar.

JSE halts 'incorrect' trade

May 25 2012 11:36

The JSE has identified and stopped "incorrect" trades from one of its members, and will reverse the trades and lower the session's total value after the close.

Johannesburg - Furniture retailer Lewis Group [JSE:LEW] said on Friday that sales have continued to improve since the interim reporting period, with merchandise sales for the quarter ended December 2010 increasing by 13%.

Merchandise sales for the nine months to December 2010 reflect a cumulative increase of 12%.

Solid debtor collections continued for the December quarter, resulting in an increase of 14.7% in collection levels, with debtor costs for the nine months reflecting a satisfactory improvement.

Lewis expects to announce its results for the year ending March 2011 on or about Monday May 23.

Share this page

Comment on this story

0 comments

Add your comment

Logout

Comment 0 characters remaining

Share on Facebook

Share on Twitter

Most Popular

Facebook's intrinsic value

May 23 2012 11:32

When it comes to judging a company’s worth, value investors like Warren Buffett look at intrinsic value. By that measure, Facebook’s shares are worth less than $10. A Reuters analyst breaks down the math. (Reuters)

Not working? Click here More videos

NicolaaSmith

CIPPA equals automatic zero erosion in the constant item economy We do not have stable – as in fixed real value – money. The real value of money is generally accepted by the public at large to be stable – as in fixed – in low inflation economies, but this is not true. The be... Read their blog...