Country Road: Interim total sales up 27%

Comment on this story


Woolworths subsidiary Country Road, which is listed on Australia’s stock exchange, increased total sales by 27.4 percent to A$422 million (R4.1 billion) in the six months to December. Comparable sales growth was 6.6 percent. It increased earnings a share by 42.5 percent to 36.64c. Country Road said yesterday that the good performance was helped by the acquisition of Witchery and Mimco last year. South African sales rose 15 percent, with comparable sales growth of 13.6 percent. Woolworths shares rose 0.48 percent to close at R60.79 on the JSE. – Nompumelelo Magwaza


sign up
 
 

Comment Guidelines



  1. Please read our comment guidelines.
  2. Login and register, if you haven’ t already.
  3. Write your comment in the block below and click (Post As)
  4. Has a comment offended you? Hover your mouse over the comment and wait until a small triangle appears on the right-hand side. Click triangle () and select "Flag as inappropriate". Our moderators will take action if need be.

     

Join us on

IOL-Social networks IOL-Social networks IOL-Social networks IOL-Social networks
Sudoku