EDGARS CONSOLIDATED STORES LIMITED
"Edcon"
Registration number : 1946/022751/06
Incorporated in the Republic of South Africa
ISIN number : ZAE000018388
Share code : ECO
CHRISTMAS SALES
Edcon is pleased to report that its total sales for the month of December
2001 rose in line with expectations by 6,5% when compared with December
2000.
Comparable store sales, after recognising a 4,3% decline in retail space,
were almost 11% above those reported for the same period last year. An
analysis of this result reflects comparable growth in clothing, footwear and
textile sales of 12,5% but a continuing decline in cell phone sales. On a
comparable store sales basis, the Edgars chain increased sales by 10.9% and
United Retail (incorporating Jet, Sales House, Cuthberts and Smiley's
Wearhouse) by 10.6%.
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