Shoprite earnings take knock on non-SA operations

20 August 2019 - 10:34Shoprite CEO Pieter Engelbrecht PICTURE: HETTY ZANTMAN

While sales from domestic supermarkets rebounded in the second half, the international supermarkets division made a full-year trading loss of R265m. Separately, Shoprite said in a statement that"persistently challenging trading conditions in the year ahead are likely to hamper our ability to return to profitability" in the rest of Africa.

"Performance of the furniture and other segments also deteriorated more significantly than we expected," Goldman Sachs said in a research note.

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

BDliveSA /  🏆 12. in CO

Colombia Últimas Noticias, Colombia Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Retailer Choppies plans to exit SA marketBudget retailer says closing its 88 stores in the country is an appropriate strategic decision
Leer más »