Mr Price forecasts 20% rise in earnings

Johannesburg – Mr Price Group [JSE:MPC] expects its headline earnings per share for the 52-week to March 30 to rise by more than 20% from the corresponding period a year earlier.

The clothing retailer said a range cannot be accurately estimated at this stage and a further trading statement will be issued in due course.

The full-year results are expected before the end of May.

Mr Price shares rose 2.07% to R117.89.