To view the PDF file, sign up for a MySharenet subscription.

Lewis Group Limited - Sales update for the quarter ended 5 January 2006

Release Date: 12/01/2006 09:00
Code(s): LEW
Wrap Text

Lewis Group Limited - Sales update for the quarter ended 5 January 2006 Lewis Group Limited Incorporated in the Republic of South Africa Registration number: 2004/009817/06 JSE share code: LEW ISIN: ZAE000058236 ("Lewis") SALES UPDATE FOR THE QUARTER ENDED 5 JANUARY 2006 Lewis" strategic merchandise sourcing initiatives combined with the favourable retail trading environment have ensured another highly successful quarter. Merchandise sales for the quarter ended 5 January 2006 increased by 17% as compared to the corresponding quarter last year, with like-for-like merchandise sales growth of 14%. Furniture sales which contributed approximately 50% of total sales experienced no price inflation. Electrical goods price deflation was 10%. All divisions traded well with new store openings and the merchandise initiatives contributing to these results. The above information has not been reviewed or reported on by Lewis" auditors. Cape Town 12 January 2006 Sponsor: UBS Date: 12/01/2006 09:00:06 AM Supplied by www.sharenet.co.za Produced by the JSE SENS Department

Share This Story