Mr Price Group’s shares surge on strong quarterly sales
Mr Price Group’s share price leapt more than 5 percent on Friday in intraday trade after announcing that retail sales and other group income grew by a whopping 19.2 percent to R9.3 billion in the quarter to January 1, 2022. The group said in a trading statement for the 13 months to January 1, 2022, […]
Mr Price expects half-year profit to surge by up to 40%
Mr Price expects half-year profit to surge by up to 40%. It’s set to place the group back at pre-pandemic levels. The group’s profit increase could have been closer to 50% if not for asset write-offs resulting from the July unrest, which saw 111 of its stores looted. Click here to read more