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THE FOSCHINI GROUP LIMITED - Sales Update

Release Date: 15/01/2015 14:30
Code(s): TFG     PDF:  
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Sales Update

THE FOSCHINI GROUP LIMITED
Reg. No.: 1937/009504/06
Code: TFG
ISIN: ZAE000148466

Sales Update

Christmas trading was above expectation with group sales
growth for December (30 November 2014 to 27 December 2014)
of 12,5% and same store growth of 7,3%.

Growths in the various merchandise categories were as
follows: clothing 13,2% (same store growth 7,5%); homewares
13,3% (same store growth 8,9%); cosmetics 11,2% (same store
growth 7,4%); jewellery 4,4% (same store growth 0,5%) and
cellphones 18,6% (same store growth 14,5%).

Group sales for the 9 months to 27 December 2014 increased
by 10,5% with same store sales growth of 5,1%. Growths in
the various merchandise categories for the 9 months to 27
December 2014 were as follows: clothing 9,7% (same store
growth 4,1%); homewares 13,0% (same store growth 7,2%);
cosmetics 9,7% (same store growth 5,5%); jewellery 4,9%
(same store growth 0,2%) and cellphones 21,6% (same store
growth 16,6%).

Merchandise inflation for the period averaged 6,5%.
Sales post Christmas for the period 28 December 2014 to 14
January 2015 have been strong across all merchandise
categories with group sales increasing by 16,2% and same
store growth of 10,7%.

This sales update has not been reviewed or reported on by
the company`s external auditors.
-
Cape Town
15 January 2015

SPONSOR
UBS South Africa (Pty) Ltd
-ENDS

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