Wholesale growth is a bright spot for Dis-Chem
Retailer boosts beauty sales 14% as consumer buying patterns recover from Omicron distortions
17 February 2023 - 16:10
Retail pharmacy Dis-Chem most likely sold lower volumes than in the prior period if one assumes price inflation was similar to that of Clicks, but it showed healthy growth in its wholesale division, which sells medicines to independent pharmacies.
Dis-Chem reported overall group revenue growth of 8.7%, while retail sales were up 7.5%, according to its update for the period September 1 2022 to February 5 2023. But like-for-like growth in existing stores, excluding Covid-19 vaccine income, was 4.4%. ..
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