Truworths expects decline in first-half earnings
Despite the broader challenges in the UK market, retail sales in that segment increased
31 January 2025 - 11:17
Truworths International expects to report lower first-half earnings due to a drop in sales and a decline in the gross profit margin at Truworths Africa.
The group, which released a business update and voluntary trading statement for the 26 weeks ended December 29 on Friday, said headline earnings per share (HEPS) were expected to be 4%-8% lower at 472c-492c...
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