Sales update
THE FOSCHINI GROUP LIMITED
Reg. No.: 1937/009504/06
Code: TFG
ISIN: ZAE000148466
Sales Update
Christmas trading was mixed across merchandise categories with group sales growth for
December (2 December 2012 to 29 December 2012) of 10,5% and same store growth of
4,7%.
Most merchandise categories performed satisfactorily with clothing growth at 14,5%
(same store growth of 7,6%); homewares at 14,5% (same store growth of 10,7%) and
cosmetics at 10,7% (same store growth of 6,8%). Jewellery and cellphones
underperformed with growths of 0,5% (same store growth of -2,5%) and -5,7% (same
store growth of -10,3%) respectively.
Group sales for the 9 months to 29 December 2012 increased by 11,4% with same store
sales growth of 5,6%. Growths in the various merchandise categories for the 9 months to
29 December 2012 were as follows: clothing 12,5% (same store growth 6,1%);
homewares 18,9% (same store growth 11,8%); cosmetics 11,4% (same store growth
8,0%); jewellery 7,6% (same store growth 3,6%) and cellphones 2,3% (same store growth
-1,4%).
Merchandise inflation for the period averaged 5,5%.
Sales post Christmas for the period 30 December 2012 to 17 January 2013 have been
strong across all merchandise categories with group sales increasing by 19,8% and same
store growth of 12,9%.
This sales update has not been reviewed or reported on by the company`s external
auditors.
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Cape Town
18 January 2013
SPONSOR
UBS South Africa (Pty) Ltd
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