Edition:
India

Mr Price Group Ltd (MRPJ.J)

MRPJ.J on Johannesburg Stock Exchange

12,588.00ZAc
7 Aug 2020
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Latest Key Developments (Source: Significant Developments)

Mr Price Group Says Q3 Growth In Retail Sales And Other Income Of 3.5% To R7.4BN
Friday, 17 Jan 2020 

Jan 17 (Reuters) - Mr Price Group Ltd ::JSE: MRP - TRADING UPDATE FOR THE 13 WEEKS ENDED 28 DECEMBER 2019.MR PRICE GROUP LTD - Q3 GROWTH IN RETAIL SALES AND OTHER INCOME (RSOI) OF 3.5% TO R7.4BN.MR PRICE - FROM 29 DEC 2019 TO 15 JAN GROUP RETAIL SALES MOMENTUM CONTINUED TO BUILD POSITIVELY AT IMPROVED GROSS MARGIN PERCENT.MR PRICE - COMBINED RETAIL SALES GROWTH IN OCT & NOV 2019 WAS 4.7%, WITH GROSS MARGIN PERCENT IN LINE WITH SAME PERIOD LAST YEAR.  Full Article

Mr Price Group Says Potential Financial Exposure In Range Of R10M-R20M According To Investigation
Thursday, 19 Sep 2019 

Sept 19 (Reuters) - Mr Price Group Ltd ::GROUP'S INTERNAL INVESTIGATION HAS NOW PROCEEDED TO A POINT WHERE LEVEL OF MATERIALITY HAS BEEN DETERMINED.POTENTIAL FINANCIAL EXPOSURE IS IN RANGE OF R10M-R20M ACCORDING TO INTERNAL INVESTIGATION.SHOULD POTENTIAL FINANCIAL EXPOSURE MATERIALISE, GROUP WILL SEEK TO ENFORCE CONTRACTUAL RIGHTS AGAINST SUPPLIER.  Full Article

Mr Price Group Says Retail Sales & Other Income Rose 1.1% In 18 Weeks To Aug 3
Thursday, 22 Aug 2019 

Aug 22 (Reuters) - Mr Price Group Ltd ::TRADING UPDATE TO 22 AUGUST 2019.RECORDED GROWTH IN RETAIL SALES AND OTHER INCOME OF 1.1% TO R7.5BN DURING 18 WEEKS TO 3 AUGUST 2019.DURING 18 WEEKS TO 3 AUGUST TOTAL RETAIL SALES, INCLUDING SALES TO FRANCHISEES, OF R6.9BN WERE 0.5% HIGHER.GROUP WINTER INVENTORY WAS CLEARED TO ACCEPTABLE LEVELS BY END OF PERIOD."EARLY SIGNS OF A PERFORMANCE RECOVERY INTO SPRING AND SUMMER HAVE STARTED TO EMERGE".SEES TRADING ENVIRONMENT TO BE CHALLENGING AS GLOBAL MARKETS REMAIN UNCERTAIN & LOCAL ECONOMIC GROWTH IS FORECAST TO BE MUTED IN 2019.GROUP RETAIL SALES IN LAST TWO WEEKS OF 18 WEEKS TO 3 AUGUST GREW 3.6%.  Full Article

Mr Price Anticipates Very Tough First Half Of New Financial Year
Friday, 31 May 2019 

May 31 (Reuters) - Mr Price Group Ltd ::JSE: MRP - RESULTS FOR THE 52 WEEKS ENDED 30 MARCH 2019, CASH DIVIDEND DECLARATION AND CHANGE IN DIRECTOR RESPONSIBILITIES.MR PRICE GROUP LTD - FY HEPS AND DIVIDENDS PER SHARE INCREASED BY 6.2% TO 1 168.6 CENTS AND 736.2 CENTS RESPECTIVELY.MR PRICE GROUP LTD - FY TOTAL REVENUE GREW 5.8% TO R22.6BN WITH RETAIL SALES INCREASING BY 4.4% TO R20.9BN.MR PRICE GROUP LTD - ANTICIPATING A VERY TOUGH FIRST HALF OF NEW FINANCIAL YEAR.MR PRICE GROUP LTD - SECOND HALF SHOULD SEE AN IMPROVEMENT DUE TO BASE EFFECT AND IMPACT OF INTERNAL INITIATIVES COMING THROUGH.MR PRICE GROUP LTD - GROUP EXPECTS TO OPEN 70 NEW STORES IN FY2020.  Full Article

Mr Price Group Says Ordinary Shares To Be Traded On A2X Exchange With Effect From May 2
Tuesday, 23 Apr 2019 

April 23 (Reuters) - Mr Price Group Ltd ::SECONDARY LISTING ON A2X.ORDINARY SHARES WILL BE TRADED ON A2X EXCHANGE WITH EFFECT FROM 2 MAY.  Full Article

Mr Price Group Expects Q4 Trading Environment To Remain Challenging
Thursday, 17 Jan 2019 

Jan 17 (Reuters) - Mr Price Group Ltd ::MR PRICE GROUP - GROUP RETAIL SALES AND OTHER INCOME FOR NINE MONTH PERIOD ENDED 29 DEC 2018 INCREASED 5.8% OVER CORRESPONDING PERIOD IN PRIOR YEAR.MR PRICE GROUP LTD - DURING Q3 (30 SEPTEMBER 2018 TO 29 DECEMBER 2018) OF FINANCIAL YEAR ENDING 30 MARCH 2019, RSOI GREW 3.5% TO R7.1BN.MR PRICE GROUP LTD - QRLY TOTAL RETAIL SALES OF R6.7BN (INCLUDING FRANCHISE) WERE 2.0% HIGHER.MR PRICE GROUP LTD - COMPARABLE GROUP STORE SALES -0.8% FOR QUARTER.MR PRICE GROUP LTD - QTRLY CORPORATE STORE SALES PERFORMANCE WAS BELOW EXPECTATIONS.MR PRICE GROUP LTD - DETERIORATION IN SOUTH AFRICAN CONSUMER CONFIDENCE INTO Q3 HIT COMP SALES.MR PRICE GROUP LTD - NOVEMBER TRADE BEING IMPACTED BY LOWER BLACK FRIDAY SALES.MR PRICE GROUP LTD - DECEMBER SCHOOL HOLIDAYS COMMENCING A WEEK LATER THAN CORRESPONDING PERIOD.MR PRICE GROUP LTD - QTRLY SOUTH AFRICAN RETAIL SALES GREW 1.1% TO R6.2BN.MR PRICE GROUP LTD - TRADING SPACE INCREASED 1.4% ON A WEIGHTED AVERAGE BASIS AND 3.1% ON A CLOSING BASIS IN QUARTER.MR PRICE GROUP LTD - TRADING ENVIRONMENT IN Q4 IS EXPECTED TO REMAIN VERY CHALLENGING.MR PRICE GROUP LTD - KEY FOCUS AREAS INCLUDES INVENTORY MANAGEMENT.  Full Article

Mr Price Group HY Diluted HEPS Of 482.4 Cents
Thursday, 22 Nov 2018 

Nov 22 (Reuters) - Mr Price Group Ltd ::SALES GROWTH IN OUR APPAREL AND HOMEWARE SEGMENTS WERE AHEAD OF MARKET FOR HY.HY HEADLINE EARNINGS PER SHARE (HEPS) AND DIVIDENDS PER SHARE (DPS) INCREASED BY 11.6% TO 494.3 CENTS AND 311.4 CENTS RESPECTIVELY.HY TOTAL REVENUE GREW 7.8% TO R10.5BN.HY DILUTED HEADLINE EARNINGS PER SHARE INCREASED BY 11.1% TO 482.4 CENTS.HY RETAIL SALES GROWTH OF 6.6%.DECLINING GDP GROWTH IN S. AFRICA, RISING FISCAL CHALLENGES POINTS TO CHALLENGING TRADING CONDITIONS AHEAD FOR S. AFRICAN RETAILERS.  Full Article

Mr Price Group Says JP Morgan Chase & Co Now Holds 6.39 Pct Of Ordinary Issued Shares Of Co
Wednesday, 21 Nov 2018 

Nov 21 (Reuters) - Mr Price Group Ltd ::DISCLOSURE OF SIGNIFICANT HOLDING OF MR PRICE GROUP ORDINARY SHARES.RECEIVED FORMAL NOTIFICATION THAT JPMORGAN CHASE & CO HAS INCREASED ITS HOLDING IN COMPANY.TOTAL INTEREST IN ORDINARY SHARES OF MR PRICE GROUP HELD BY JPMORGAN CHASE & CO NOW AMOUNTS TO 6.39% OF ORDINARY ISSUED SHARES OF COMPANY.  Full Article

Mr Price Group Names Mark Stirton As Group CFO
Wednesday, 21 Nov 2018 

Nov 21 (Reuters) - Mr Price Group Ltd ::APPOINTMENT OF CHIEF FINANCIAL OFFICER AND INDEPENDENT NON-EXECUTIVE DIRECTOR.APPOINTED MARK STIRTON AS GROUP CHIEF FINANCIAL OFFICER.MARK'S APPOINTMENT FOLLOWS ANNOUNCEMENT IN OCTOBER THAT MARK BLAIR, CURRENT CFO, WILL SUCCEED STUART BIRD AS CEO.  Full Article

Mr Price Says Retail Sales, Other Income Up 7.4 Pct In First Four Months
Thursday, 30 Aug 2018 

Aug 30 (Reuters) - Mr Price Group Ltd ::DURING FIRST FOUR OF FINANCIAL YEAR ENDING 30 MARCH 2019, GROUP RECORDED GROWTH IN RETAIL SALES AND OTHER INCOME OF 7.4% TO R7.4BN.4-MONTH TOTAL RETAIL SALES, INCLUDING SALES TO FRANCHISEES, OF R6.9BN WERE 6.5% HIGHER THAN CORRESPONDING PERIOD.4-MONTH ONLINE SALES CONTINUED TO GROW STRONGLY BY 28.1% TO R83.2M.4-MONTH SOUTH AFRICAN SALES INCREASED 6.4% TO R6.4BN.RETAIL ENVIRONMENT IS EXPECTED TO REMAIN HIGHLY COMPETITIVE.TOTAL RETAIL SALES FOR THREE-WEEK PERIOD FROM 5 TO 25 AUGUST 2018, NOT INCLUDED IN ANALYSIS ABOVE, WERE UP 7.4%.  Full Article

BRIEF-Mr Price Group Says FY HEPS Declined 10.4%

* JSE: MRP - MR PRICE GROUP LIMITED REVIEWED FINAL RESULTS FOR THE 52 WEEKS ENDED 28 MARCH 2020 AND TRADING UPDATE