HSP - Holdsport Limited - Sales update for the 5 months ended 31 January 2012
HSP
HSP
HSP - Holdsport Limited - Sales update for the 5 months ended 31 January 2012
HOLDSPORT LIMITED
Registration number: 2006/022252/06
Share code: HSP
ISIN : ZAE000157046
("Holdsport" or "the company")
SALES UPDATE FOR THE 5 MONTHS ENDED 31 JANUARY 2012
Holdsport shareholders are advised that total sales for the five months ended
31 January 2012 increased by 11.5% compared to the corresponding period last
year. Retail sales increased by 10.8% with sales for comparable stores
increasing by 8.6% over the period.
Total (and comparable) sales growths for each division for the five-month
period, were as follows:
- Sportsmans Warehouse sales increased by 12.3% (10.8% comparable);
- Outdoor Warehouse sales increased by 6.6% (2.7% comparable);
- The wholesale division recorded sales growth of 42.8%.
Retail trading space increased by 2.9% relative to the prior corresponding
period, and merchandise inflation for the period averaged 1.4%.
The financial information provided has neither been reviewed nor reported on
by the external auditors.
Holdsport is expected to release its results for the year ended 28 February
2012 on or about 21 May 2012.
Cape Town
7 February 2012
Sponsor: UBS South Africa (Pty) Ltd
Date: 06/02/2012 14:39:01 Produced by the JSE SENS Department.
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