17.1 C
Harare
Wednesday, October 20, 2021
Swings from a BWP 370.6m loss in 2020 to BWP 59.6m in fiscal year 2021Revenue from rest of Africa operations increased by 2.2% driven by inflationary increases in Zimbabwe and ZambiaGroup revenue down 1.7% to BWP 5,331mTotal operating costs were reduced by 7.2%
42 stores opened11 stores still closedHeadline earning per share forecast changed to 0% to 3% JSE listed, South African leading pharmacy, health, and beauty retailer, Clicks is recovering from the impact of civil unrest on its business operations as evidenced by the re-opening...
Supermarkets RSA sales up 9.3%Checkers and Checkers Hyper sales increase by 10.9%Supermarkets Non-RSA sales improve by 6.8% South Africa’s retail giant Shoprite Holdings Limited posted an 8.1% increase in the total sale of merchandise from continuing operations to approximately R168 billion for the...
Retail income grew by 49% to R8.6 billionGroup’s diverse store footprint extended by 211 storesLocal clothing retailers showing diverging results as sales volumes slump Harare – South African clothing retail giant Mr Price has recorded a 51% uptick in sales volumes in the...
38 stores reopenedHeadline earning per share to go up 23%-28%Earnings per share to increase to between 463 to 483 JSE listed South African clothing retailer Truworths international limited says it is recovering from the effects of the looting and unrests which crippled business...
Key Highlights: Headlines earnings per share expected to increase between 205% to 215%Earnings per share to climb up 635%- 655%Property sales major contributor to expected increase South-African based multinational retail group Woolworths Holdings Limited(WHL) has...
HARARE – Leading retailer, OK Zimbabwe Limited has reported that its sales volume increased by 48% in the first quarter of the 2022 financial year ended 31 June 2021 compared to the corresponding period last year. In a trading statement released on...
Revenue declined by 23% to ZWL2.1 billionEdgars chain recorded a turnover of ZWL1.1 billionThey will be opening two new stores in the first half of 2021 and are looking for compelling locations to grow their footprint. HARARE – Clothing manufacturer and retailer, Edgars...
Revenue down 2% to ZWL34.3 billionVolumes for the year declined by 13% from prior yearPopular Grand Challenge promotion was suspended due to Covid-19 restrictionsIts resumption is expected to boost sales HARARE – Ok Zimbabwe Limited, operator of top retail outlets, Ok Stores, Bon...
Lockdowns blamed for poor performanceRetailer had to curtail credit servicesCompany has been struggling to keep up competition against informal boutiques and second hand clothes traders Harare – Casual wear, footwear and fashion accessories retailer, Truworths Limited has recorded a 23.3 percent slump in...