Johannesburg - Massmart Holdings
[JSE:MSM] said on Tuesday for the 44 weeks to 1 May 2011, its total sales increased to R44.9bn - a growth of 12.7% over the prior period.
Comparable store sales grew 6.2%, while deflation for the period is estimated at 1.8%.
In line with past practice, during the week of 4 July 2011 Massmart will release a sales update for the financial year to June 2011, it said.