Trading Statement
LUXE HOLDINGS LIMITED
(Previously Taste Holdings Limited)
Incorporated in the Republic of South Africa
(Registration number: 2000/002239/06)
Share code: LUX
ISIN Code: ZAE000286035
(“Luxe” or “the Company”)
TRADING STATEMENT
In terms of the JSE Limited (“JSE”) Listings Requirements, a listed company is required to
publish a trading statement as soon as it becomes reasonably certain that the financial results
for the next period to be reported on will differ by 20% or more from the financial results for
the prior corresponding period.
Accordingly, the Company hereby advises that a reasonable degree of certainty exists that
for the six-month period ended 31 August 2021:
Expected Actual results Actual results
range 6 months 6 months
improvement ended 31 ended 31
31 August Expected range August 2020 August 2019
2021 31 August 2021 (cents) (cents)
(%) (cents)
Loss per 66% to 86% (34.8) to (14.4) (101.7) (383.9)
share
Continued 59% to 79% (31.4) to (16.0) (77.0) (60.8)
operations
Discontinued 86% to 106% (3.3) to 1.6 (24.7) (323.2)
operations
Headline 66% to 86% (34.8) to (14.4) (101.7) (385.6)
loss per
share
Continued 43% to 63% (28.8) to (18.6) (50.9) (60.8)
operations
Discontinued 88% to 108% (6.0) to 4.2 (50.8) (324.8)
operations
Same store sales performance for the six-month period are +60% on the corresponding
period in 2020 (-8% on 2019). First quarter sales were +338% on the corresponding period
in 2020 with some recovery compared to 2020 at -4% for the quarter. The third wave of Covid-
19, negative consumer sentiment and the rioting and looting in July impacted our second
quarter recovery, -8% compared to 2020 and -13% compared to 2019. September results
were pleasing +5% compared to 2020 and strong recovery compared to 2019 at +13%.
Same store sales 2021 vs 2020
Mar to May Jun to Aug Mar to Aug Sep
Group 338% -8% 60% 5%
NWJ 176% -19% 31% -3%
Corporate 163% -17% 30% 3%
Franchise 244% -25% 32% -25%
Arthur Kaplan and Worlds' Finest 518% -1% 80% 11%
Watches
Same store sales 2021 vs 2019
Mar to May Jun to Aug Mar to Aug Sep
Group -4% -13% -8% 13%
NWJ -14% -18% -16% -5%
Corporate -15% -16% -15% 2%
Franchise -14% -26% -20% -29%
Arthur Kaplan and Worlds' Finest 4% -10% -3% 11%
Watches
The financial information on which this trading statement is based has not been reviewed or
reported on by the auditor of the Company. The results for the six-month period ended 31
August 2021 are expected to be released on SENS no later than 10 November 2021.
Sandton
8 October 2021
Sponsor
PSG Capital
Date: 08-10-2021 11:45:00
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