Edition:
India

Truworths International Ltd (TRUJ.J)

TRUJ.J on Johannesburg Stock Exchange

5,256.00ZAc
3:50pm IST
Change (% chg)

91.00 (+1.76%)
Prev Close
5,165.00
Open
5,166.00
Day's High
5,351.00
Day's Low
5,166.00
Volume
799,018
Avg. Vol
2,707,484
52-wk High
9,289.00
52-wk Low
5,020.00

Latest Key Developments (Source: Significant Developments)

Truworths International Says Westwood Holds 10.11% Of Co's Issued Ordinary Shares
Wednesday, 18 Sep 2019 

Sept 18 (Reuters) - Truworths International Ltd ::NOTICE OF AN ACQUISITION OF A BENEFICIAL INTEREST IN TRUWORTHS SECURITIES.FOLLOWING ACQUISITION, WESTWOOD NOW HOLDS 10.11% OF ISSUED ORDINARY SHARES OF COMPANY.  Full Article

Truworths Says UK Unit Office In Talks With Lenders For Debt Restructuring
Tuesday, 2 Jul 2019 

July 2 (Reuters) - Truworths International Ltd ::NOTES MEDIA REPORT STATING THAT GROUP'S UK SUBSIDIARY HAS APPOINTED ADVISORS TO CONSIDER RESTRUCTURING OPTIONS.OFFICE HAS CIRCA £45 MILLION OF DEBT WHICH IS DUE TO BE REPAID.OFFICE HAS ENTERED INTO DISCUSSIONS WITH RELEVANT LENDERS REGARDING POTENTIAL DEBT RESTRUCTURING OPTIONS.OFFICE HOLDINGS AND LENDERS APPOINTED ALVAREZ & MARSAL EUROPE LLP AND DELOITTE LLP, RESPECTIVELY, AS PROFESSIONAL ADVISORS.EXPECTED THAT UK AND OFFICE HOLDINGS WILL CONTINUE TO EXPERIENCE DIFFICULT TRADING ENVIRONMENT IN MEDIUM TERM.TALKS WITH LENDERS AND ANY RESULTANT DEBT RESTRUCTURING WILL NOT HAVE A MATERIAL IMPACT ON GROUP'S OPERATIONS IN SOUTH AFRICA AND AFRICA.  Full Article

Truworths International Says Retail Sales For 26-Week Period Increased By 2.0% To R10.5 Bln
Thursday, 17 Jan 2019 

Jan 17 (Reuters) - Truworths International Ltd ::RETAIL SALES FOR 26-WEEK PERIOD INCREASED BY 2.0% TO R10.5 BILLION.26-WEEK LIKE-FOR-LIKE STORE RETAIL SALES REMAINED UNCHANGED RELATIVE TO PRIOR PERIOD.HEPS ESTIMATED TO DECREASE BY BETWEEN 5% AND 7% TO BETWEEN 352.7 CENTS AND 360.3 CENTS FOR 26-WEEK PERIOD.GROUP CONTINUED TO EXPERIENCE DIFFICULT TRADING CONDITIONS IN BOTH ITS MAIN MARKETS FOR 26-WEEK PERIOD.26-WK TRADING SPACE IN TRUWORTHS AFRICA UP BY 1.0% ON PRIOR PERIOD, SEEN UP BY ABOUT 2% FOR FULL 2019 FINANCIAL PERIOD.  Full Article

Truworths International Says Group Retail Sales Down 2.7 Pct For 52-Weeks Ended July 1
Friday, 20 Jul 2018 

July 20 (Reuters) - Truworths International Ltd ::GROUP RETAIL SALES FOR 52-WEEK PERIOD ENDED 1 JULY 2018 WERE UNCHANGED COMPARED TO PRO FORMA COMPARABLE 52-WEEK PRIOR PERIOD.RELATIVE TO 53-WEEK PRIOR PERIOD DILUTED HEPS OF 661 CENTS, DILUTED HEPS ARE EXPECTED TO DECREASE BETWEEN 7% AND 9%.GROUP RETAIL SALES DECREASED BY 2.7% FROM R18.5 BILLION TO R18.0 BILLION FOR 52-WEEK PERIOD ENDED 1 JULY 2018.GROUP'S DILUTED HEPS FOR 52 WEEKS ENDED JULY 1 EXPECTED TO DECREASE BY BETWEEN 1% AND 3%, TO BETWEEN 601 CENTS AND 615 CENTS.  Full Article

Truworths International says Roddy Sparks has assumed position as chairman​
Friday, 10 Nov 2017 

Nov 10 (Reuters) - Truworths International Ltd :RODDY SPARKS, AN INDEPENDENT NON-EXECUTIVE DIRECTOR OF COMPANY, HAS ASSUMED POSITION AS CHAIRMAN​.  Full Article

Truworths ‍says 17-weeks retail sales falls 3 pct
Thursday, 2 Nov 2017 

Nov 2 (Reuters) - TRUWORTHS INTERNATIONAL LTD ::‍RETAIL SALES FOR FIRST 17 TRADING WEEKS OF 2018 FINANCIAL PERIOD FELL 3 PCT TO R5.5 BILLION.‍"TRADING ENVIRONMENT IS EXPECTED TO REMAIN CHALLENGING​".PERCENT OF ACTIVE ACCOUNT HOLDERS ABLE TO PURCHASE IMPROVED TO 85 PCT IN PERIOD FROM JULY 3 TO OCT 29 COMPARED TO 83 PCT IN PRIOR PERIOD​.FOR 3 JULY 2017 TO 29 OCT 2017 ‍GROUP'S TRADE RECEIVABLES BOOK DECREASED 4 PCT RELATIVE TO PRIOR PERIOD-END TO R5.6 BILLION​.  Full Article

UPDATE 2-Truworths looks to close loss-making stores of UK-based Office chain

* Major financial restructure of Office is not being contemplated (Recasts with possibility of Office store closures)