Lewis Group Limited - Sales update for the quarter
LEW
LEW
Lewis Group Limited - Sales update for the quarter ended 5 January 2006
Lewis Group Limited
Incorporated in the Republic of South Africa
Registration number: 2004/009817/06
JSE share code: LEW
ISIN: ZAE000058236
("Lewis")
SALES UPDATE FOR THE QUARTER ENDED 5 JANUARY 2006
Lewis" strategic merchandise sourcing initiatives combined with the favourable
retail trading environment have ensured another highly successful quarter.
Merchandise sales for the quarter ended 5 January 2006 increased by 17% as
compared to the corresponding quarter last year, with like-for-like merchandise
sales growth of 14%.
Furniture sales which contributed approximately 50% of total sales experienced
no price inflation. Electrical goods price deflation was 10%.
All divisions traded well with new store openings and the merchandise
initiatives contributing to these results.
The above information has not been reviewed or reported on by Lewis" auditors.
Cape Town
12 January 2006
Sponsor: UBS
Date: 12/01/2006 09:00:06 AM Produced by the JSE SENS Department
Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.