All data is delayed
Loading...
See More

Mr Price reports sales growth

Aug 26 2011 08:39
I-Net Bridge

Company Data

MR PRICE GROUP LIMITED [JSE:MRP]

Last traded 220
Change -8
% Change -4
Cumulative volume 1543464
Market cap 0

Last Updated: 24-08-2016 at 05:06. Prices are delayed by 15 minutes. Source: McGregor BFA

Related Articles

Tough year for retailers

 
Johannesburg - Clothing and homeware retailer Mr Price Group [JSE:MPC] on Friday said that total sales in the first four months of its new financial year had grown by 9.2%, with cash sales constituting 81.6% of total sales.

Sales grew 15.8% in April, 10.5% in May, 2.8% in June and 6.6% in July.

"This irregular pattern is due to the high sales base arising from the extended school holidays associated with the Fifa 2010 World Cup in June and July 2010," the group said.

The apparel division, which represents 71.5% of group sales and comprises Mr Price, Mr Price Sport and Miladys, reported sales growth for the period to August 6 of 9.1% and comparable sales growth of 5.3%.

The home division, comprising Mr Price Home and Sheet Street recorded sales growth of 9.2% and an increase in comparable sales of 10.1%. 
mr price group

 
 
 

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
Comments have been closed for this article.
 

Company Snapshot

We're talking about:

Money Clinic

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

Voting Booth

Would you buy the FNB branded smartphone?

Previous results · Suggest a vote

Loading...