Lewis Group reports R260m hit in March from lockdown
Group sales rose 4.7% in the year to end-March, but slumped by a quarter in the last month of its financial year as SA entered lockdown
07 August 2020 - 07:51
Furniture and appliance retailer Lewis Group reported a R260m hit from Covid-19 on Friday, saying sales fell about a quarter in the last month of its financial year as SA entered lockdown.
The group lost out on an estimated R80m in sales in March, and lost out on customer account payments of R180m that month, it said in a trading update...
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