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

THE FOSCHINI GROUP LIMITED - Sales update

Release Date: 18/01/2013 15:30
Code(s): TFGP TFG     PDF:  
Wrap Text
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.                                                                        
-                                                                                
Cape Town                                                                        
18 January 2013                                                                  
SPONSOR 
UBS South Africa (Pty) Ltd 
 
 
 
 
 
 

Date: 18/01/2013 03:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.

Share This Story