Mr Price ups Dividend by Over a Third as it Carves out Market Share
Retailer Mr Price says civil unrest in July cost it an estimated R320 million in lost sales, but it has still upped its interim dividend by more than a third amid market share gains. Group revenue rose 35.2% to R12.4 billion in the six months to October 2, it said on Thursday, with group retail […]
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