Loading...
See More

Mr Price 18 week sales up 14.9%

Aug 30 2012 18:01 I-Net Bridge

Company Data

MR PRICE GROUP LIMITED [JSE:MPC]

Last traded 0
Change 0,55
% Change 0
Cumulative volume 1845
Market cap 59.13bn

Last Updated: 22-12-2014 at 09:16. Prices are delayed by 15 minutes. Source: McGregor BFA

Related Articles

Mr Price earnings seen higher

Mr Price to launch online shopping

Mr Price boosts third-quarter sales

Mr Price profit jumps

Mr Price reports sales growth

Mr Price profit grows 48%

 
Johannesburg - Retailer Mr Price [JSE:MPC] on Thursday reported total sales growth of 14.9% and comparable sales growth of 9.5% for the 18 weeks to August 4.

Units sold increased by 9.7% and inflation of 4.7% was recorded‚ the group said. Mr Price opened 24 and closed 5 stores since year end.

Total and weighted average trading space increased by 3.5% and 1.8% respectively.

Cash sales constituted 78.5% of total sales.

The company’s apparel division‚ which represents 71.6% of group sales and which comprises Mr Price‚ Mr Price Sport and Miladys‚ reported sales growth for the period of 15% and comparable sales growth of 9.3%.

Units sold increased by 9.7% and inflation of 4.9% was recorded. Total and weighted average trading space increased by 4.6% and 2.7% respectively.

The home division‚ comprising Mr Price Home and Sheet Street recorded sales growth of 14.4% and an increase in comparable sales of 10.1%.

Units sold increased by 10% and inflation of 4.1% was recorded.

Total and weighted average trading space increased by 1.7% and 0.3% respectively.
 
mr price group  |  retail
NEXT ON FIN24X

 

Lastest Articles

Here is how to check your credit score and manage it Read More...
Top tips to save money over the festive period Read More...
These are the top 5 most fuel efficient cars in SA Read More...
What to consider when switching medical aid schemes Read More...
 
 

Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
0 comments
Add your comment
Comment 0 characters remaining
 

Company Snapshot

We're talking about:

Small Business

Retailers of any shape and size can now unlock the power of mobile transacting.
 

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...
Loading...