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TFG: Record gross profit and margin gains offset by lower revenue and EPS; White Stuff UK acquired

TFG: Record gross profit and margin gains offset by lower revenue and EPS; White Stuff UK acquired

Foschini Group LimitedNovember 8, 20244
TFG: Record gross profit and margin gains offset by lower revenue and EPS; White Stuff UK acquired

About this update from Foschini Group Limited

Gross profit reached a record R12.8bn with margin up 220 bps, but group revenue fell 1.4% and EPS declined 4.8% year-over-year. Online sales grew 9.9%, and the White Stuff UK acquisition is set to strengthen the portfolio.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.

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