Lewis reports jump in earnings amid credit sales boom
Lower inflation and rate cuts have boosted consumer confidence, but the retailer expects discretionary spending to recover slowly
21 November 2024 - 09:46
Furniture retailer Lewis Group has reported a 41.6% increase in headline earnings to R288.8m for the first half of the 2025 financial year driven by a rise in credit sales, improved operating margins and consumer demand.
The group’s headline earning per share (HEPS) increased by 49.1% to 555c for the six months to end-September. ..
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