Edition:
India

Lewis Group Ltd (LEWJ.J)

LEWJ.J on Johannesburg Stock Exchange

3,118.00ZAc
15 Feb 2019
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36.00 (+1.17%)
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Latest Key Developments (Source: Significant Developments)

Lewis Group Says Merchandise Sales Rose By 22.8 Pct For Quarter
Wednesday, 30 Jan 2019 

Jan 30 (Reuters) - Lewis Group Ltd ::JSE: LEW - TRADING UPDATE FOR THE THIRD QUARTER AND NINE MONTHS ENDED DECEMBER 2018.LEWIS GROUP LTD - CONTINUED TO BENEFIT FROM ITS DIVERSIFICATION STRATEGY.LEWIS GROUP LTD - COMPARABLE STORES GREW SALES BY 6.0% FOR QUARTER AND 7.1% FOR NINE MONTHS.LEWIS GROUP LTD - MERCHANDISE SALES INCREASED BY 22.8% FOR QUARTER.LEWIS GROUP LTD - TOTAL GROUP REVENUE, COMPRISING MERCHANDISE SALES AND OTHER REVENUE, INCREASED BY 13.2% FOR QUARTER.LEWIS GROUP LTD - IN Q3, HIGHER CREDIT SALES RESULTED IN AN INCREASE IN DEBTOR COSTS OF 2.7%.LEWIS GROUP LTD - COMPARABLE STORES GREW SALES BY 6.0% FOR QUARTER AND 7.1% FOR NINE MONTHS..  Full Article

Lewis Group Posts HY HEPS 10.7 Pct Higher At 180.8 Cents
Wednesday, 21 Nov 2018 

Nov 21 (Reuters) - Lewis Group Ltd ::HY HEADLINE EARNINGS PER SHARE UP 10.7%.INTERIM DIVIDEND UP 5% TO 105 CENTS PER SHARE.HY MERCHANDISE SALES UP 25.9%.HY HEADLINE EARNINGS PER SHARE 10.7% HIGHER AT 180.8 CENTS (H1 2018: 163.3 CENTS).HY GROUP REVENUE INCREASED BY 11.2%.GROUP REMAINS HIGHLY CASH GENERATIVE WITH CASH AND CASH EQUIVALENTS TOTALLING R543 MILLION AT END OF REPORTING PERIOD.HY MERCHANDISE SALES INCREASED BY 25.9% TO R1.6 BILLION.CURRENT SALES MOMENTUM IS EXPECTED TO BE MAINTAINED INTO SECOND HALF.HY REVENUE R2.9 BILLION VERSUS R2.66 BILLION.UFO IS PERFORMING WELL AND CUSTOMERS HAVE RESPONDED POSITIVELY TO NEW RANGES INTRODUCED IN OCTOBER.GROUP PLANS TO OPEN A NET SIX STORES ACROSS ALL BRANDS IN SECOND HALF OF YEAR.ADOPTION OF IFRS 9 DOES NOT IMPACT ON GROUP'S CREDIT MANAGEMENT PRACTICES AND BUSINESS MODEL.  Full Article

Lewis Group Says Investec Now Holds 5.5 Pct Of Company
Wednesday, 7 Nov 2018 

Nov 7 (Reuters) - Lewis Group Ltd ::LEWIS GROUP LTD - INVESTEC LIMITED HAS ACQUIRED A BENEFICIAL INTEREST IN SECURITIES OF COMPANY.LEWIS GROUP LTD - INVESTEC ENTIRE BENEFICIAL INTEREST IS 5.50 % OF ISSUED CAPITAL OF COMPANY.  Full Article

Lewis Group Says Favourable Judgment For Lewis By High Court In Appeal By National Credit Regulator
Monday, 30 Apr 2018 

April 30 (Reuters) - Lewis Group Ltd ::FAVOURABLE JUDGMENT FOR LEWIS BY HIGH COURT IN APPEAL BY NATIONAL CREDIT REGULATOR.HIGH COURT HANDED DOWN JUDGMENT IN LEWIS' FAVOUR WITH REGARD TO APPEAL BY NCR.SAYS MATTER WAS DISMISSED WITH COSTS AGAINST NCR.  Full Article

Lewis Group Says ‍Appoints Jacques Bestbier As CFO
Thursday, 29 Mar 2018 

March 29 (Reuters) - Lewis Group Ltd ::‍APPOINTMENT OF JACQUES BESTBIER AS CHIEF FINANCIAL OFFICER​.  Full Article

Lewis Group Says Q3 Comparable Stores Sales Up 13.3 Pct
Tuesday, 23 Jan 2018 

Jan 23 (Reuters) - Lewis Group Ltd ::COMPARABLE STORES SALES GREW BY 13.3 PCT IN Q3 AND 9.8 PCT FOR NINE MONTHS.‍MERCHANDISE SALES FOR Q3 WERE 9.8 PCT HIGHER THAN CORRESPONDING PERIOD, RESULTING IN A 7.0 PCT GROWTH FOR NINE MONTHS ENDED 31 DECEMBER 2017​.TREND OF DECLINING OTHER REVENUE ANNUITY STREAMS IS EXPECTED TO CONTINUE​.REVENUE INCREASED BY 0.7 PCT IN Q3, SHOWING AN IMPROVEMENT ON DECLINE OF 3.2 PCT RECORDED FOR SIX MONTHS ENDED SEPTEMBER 2017.‍REVENUE FOR NINE MONTHS DECLINED BY 1.7 PCT, MAINLY AS A RESULT OF 9.6 PCT REDUCTION IN OTHER REVENUE​.  Full Article

Lewis Group Granted Approval For Acquisition Of United Furniture Outlets
Wednesday, 17 Jan 2018 

Jan 17 (Reuters) - Lewis Group Ltd ::‍COMPETITION AUTHORITIES YESTERDAY GRANTED APPROVAL FOR ACQUISITION OF UNITED FURNITURE OUTLETS PROPRIETARY LIMITED​.‍ACQUISITION WILL BE ACCOUNTED FOR BY LEWIS WITH EFFECT FROM 1 FEBRUARY 2018​.‍ALL CONDITIONS PRECEDENT TO ACQUISITION HAVE NOW BEEN MET AND ACQUISITION IS ACCORDINGLY UNCONDITIONAL​.  Full Article

Lewis Group Says Board Has Elected Hilton Saven As Chairman
Thursday, 30 Nov 2017 

Nov 30 (Reuters) - Lewis Group Ltd ::LEWIS GROUP LTD - ‍ BOARD HAS ELECTED HILTON SAVEN TO SUCCEED DAVID NUREK AS CHAIRMAN EFFECTIVE 30 NOVEMBER 2017​.  Full Article

Lewis Group hy ‍headline earnings per share falls 15.8 pct
Monday, 13 Nov 2017 

Nov 13 (Reuters) - Lewis Group Ltd :HY ‍HEADLINE EARNINGS PER SHARE 15.8% LOWER​.‍INTERIM DIVIDEND MAINTAINED AT 100 CENTS PER SHARE​.SAYS HY ‍REVENUE WAS 3.2% LOWER AS OTHER REVENUE DECLINED BY 9.8%​.HY ‍HEADLINE EARNINGS PER SHARE 15.8% LOWER AT 163.9 CENTS​.‍HY NET ASSET VALUE PER SHARE INCREASED FROM 6 040 CENTS TO 6 315 CENTS​.‍TRADING ENVIRONMENT IS EXPECTED TO REMAIN CHALLENGING FOR REST OF FINANCIAL YEAR​.  Full Article

Lewis Group sees HY HEPS 12-18 pct lower​​
Friday, 27 Oct 2017 

Oct 27 (Reuters) - Lewis Group Ltd :‍HY REVENUE DECLINED BY 3.2%​.HY GROSS PROFIT MARGIN STRENGTHENED BY 40 BASIS POINTS TO 40.9% AND IS IN LINE WITH MANAGEMENT EXPECTATION​.SEES HY ‍HEADLINE EARNINGS PER SHARE 159.7 CPS - 171.4 CPS, 12% TO 18% LOWER​.  Full Article

South Africa's Lewis Q3 sales gain on upbeat merchandise sales growth

JOHANNESBURG, Jan 30 South African retailer Lewis Group Ltd reported a 13.2 percent rise in third quarter total group revenue, driven by its acquisition of United Furniture Outlets (UFO), a luxury household furniture retailer.