Mr Price ups dividend by over a third as it carves out market share

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 63%

Sverige Nyheter Nyheter

The group says civil unrest in July cost it an estimated R320m in lost retail sales

Retailer Mr Price says civil unrest in July cost it an estimated R320m in lost sales, but it has still upped its interim dividend by more than a third amid market share gains.

Mr Price Apparel, its largest division, has gained market share for 19 consecutive months, with Mr Price attributing this to its value proposition for customers, adding it highlights the defensive nature of its business. “Our fashion-value merchandise, fiscal discipline and highly cash-generative business model has helped us to trade through some difficult circumstances and emerge in a position of strength,” group CEO Mark Blair said in the results.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.

For all those who are new to this working from home Bitcoin trading options Here's a little tip: Get a trusted Bitcoin expert and stick to him Arnoldnike93 Invest and play at similar times each day. Because : In times of chaos, your investment is your anchor to success⚖️

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 12. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Global markets improve as price of oil boosts fuel companiesInvestors are expecting a host of data in the US ahead of Thursday's Thanksgiving holiday
Källa: BDliveSA - 🏆 12. / 63 Läs mer »

Market data — November 23 2021Market data including bonds and fuel prices
Källa: BDliveSA - 🏆 12. / 63 Läs mer »