Foschini Group LimitedJSE: TFG

TFG: Revenue up 12.2%, profit down 10% as margin pressure and volatility persist

· Issued by Foschini Group Limited

Group revenue grew 12.2% (3.7% ex-White Stuff), but operating profit fell 10% amid margin pressure and volatile demand. Strong online and beauty growth offset by macro headwinds and cost inflation; outlook remains cautious with focus on cost control and margin protection.

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