Business
TFG: Sales up 7.5% YTD, but impairments to cut FY2026 EPS by at least 20%
TFG: Sales up 7.5% YTD, but impairments to cut FY2026 EPS by at least 20%

About this update from Foschini Group Limited
Group sales rose 7.5% year-over-year, with strong online growth and increased market share in South Africa. Non-cash impairments will reduce EPS by at least 20% for FY2026, while medium-term prospects improve with expected macroeconomic recovery.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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