Mr Price says it has grown market share even as sales slump
The retailer expects headline earnings per share for its six months to September 28 to fall at least 20%
20 August 2020 - 08:40
Retailer Mr Price has warned that first-half profits will fall by a fifth as Covid-19 batters the economy and eats into consumers’ income, but says it has gained market share.
The group expects headline earnings per share for its six months to September 26 to fall at least 20%, and has warned that it expects consumers’ disposable income to fall even further as unemployment rises and savings are depleted...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.