Foschini Group LimitedJSE: TFG

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

· Issued by 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.

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