APPAREL RETAIL
Record numbers but where’s the market joy?
Mr Price and TFG have both posted stellar results, but the two retailers have been unable to escape this year’s market mauling
16 June 2022 - 05:00
Two of SA’s more acquisitive retailers released some record-breaking numbers last week, helped by a recent shopping spree. And both Mr Price Group and TFG look set to continue their respective expansion paths.
Yet, despite their strong performances, Mr Price and TFG’s shares have hardly followed suit. Year to date, Mr Price has lost about 5% in value, while TFG is up all of 3%. Over one year, Mr Price shares have fallen 10.7%, while TFG’s have lost more than 17%. ..
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.