Advertise with fastmoving.co.za
 
 

Mr Price forecasts profit increase
Mr Price forecasts profit increase

Mr Price forecasts profit increase

FMCG SUPPLIER NEWS

IOL Business - Oct 5th 2012, 08:01

Retailer Mr Price (MPC) on Thursday announced it expects its headline earnings and basic earnings per share for the 26 weeks ended September 29 “are likely to be higher than the previous corresponding period by more than 20%.”  

“A range cannot be accurately estimated at this stage and shareholders are advised that a further trading statement will be issued in due course to provide earnings forecast ranges for EPS and HEPS as required by the JSE Listings‚” Mr Price said in a statement on Thursday. 

Related News

Sainsbury's best performing of the big four but discounters still gaining ground
16/10/2019 - 09:17
Latest grocery market share figures from Kantar show total supermarket sales grew by 1.3% year-on-year over the 12 weeks to 6 October with Sainsbury’s continuing its recent run of better performance following investment in cutting prices and improving its offer.

CBD oil product launching countrywide in Clicks and Dis-Chem
15/10/2019 - 14:43
South Africa’s top health and beauty retailers, Clicks and Dis-Chem, are both rolling out the Elixinol range of CBD full-spectrum extract products in October.

Checkers launches long-awaited rewards programme
15/10/2019 - 12:20
The wait is over - Checkers Xtra Savings is here! Africa’s largest supermarket group has introduced its latest initiative that shows their loyalty to customers, and not the other way around.

Hyde Park Corner celebrates 50 fabulous years with customers
14/10/2019 - 15:20
Hyde Park Corner is celebrating its golden anniversary with '50 & Fabulous’ celebrations that include exciting events, lucky draws, prizes, special offers, opportunities to give back, milestone exhibits and a whole lot more in October and November.

Retail apocalypse narrative might be over-exaggerated
14/10/2019 - 13:55
There are two sectors on the JSE that have fallen out of favour - Property and Retail.