Mr Price forecasts profit increase

Retailer Mr Price (MPC) on Thursday announced it expects its headline earnings and basic earnings per share for the 26 weeks ended September 29 “are likely to be higher than the previous corresponding period by more than 20%.”
“A range cannot be accurately estimated at this stage and shareholders are advised that a further trading statement will be issued in due course to provide earnings forecast ranges for EPS and HEPS as required by the JSE Listings‚” Mr Price said in a statement on Thursday.
Read more about: economic | supplier | retailer | clothing and apparel | mr price

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