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United Kingdom

Foschini Group Ltd (TFGJ.J)

TFGJ.J on Johannesburg Stock Exchange

19,705.34ZAc
18 May 2018
Change (% chg)

-94.66 (-0.48%)
Prev Close
19,800.00
Open
19,800.00
Day's High
20,079.00
Day's Low
19,259.00
Volume
722,656
Avg. Vol
1,465,209
52-wk High
24,080.00
52-wk Low
12,821.00

Latest Key Developments (Source: Significant Developments)

Foschini Group ‍Says 9-Mth Consol Turnover Up 17.1 Pct​
Tuesday, 16 Jan 2018 

Jan 16 (Reuters) - Foschini Group Ltd ::‍CONSTANT CURRENCY TFG CONSOLIDATED TURNOVER GROWTH WAS 19.1% FOR 9 MONTHS TO DEC. 31 ​.‍TFG CONSOLIDATED TURNOVER GROWTH FOR DECEMBER (26 NOVEMBER 2017 TO 30 DECEMBER 2017) OF 31.0%​.‍CONSOLIDATED TURNOVER FOR 9 MONTHS TO 31 DECEMBER 2017 INCREASED BY 17.1%​.‍TURNOVER GROWTH FOR TFG AFRICA FOR 9 MONTHS TO 31 DECEMBER 2017 WAS 5.6% WITH SAME STORE TURNOVER GROWTH OF 1.5%​.  Full Article

Foschini says to acquire British womenswear brand Hobbs ‍through UK unit
Tuesday, 7 Nov 2017 

Nov 7 (Reuters) - Foschini Group Ltd :‍THROUGH UK SUBSIDIARY, TFG BRANDS (LONDON) LTD, ENTERED INTO AGREEMENT TO ACQUIRE ENTIRE ISSUED SHARE CAPITAL OF HOBBS, A CONTEMPORARY BRITISH WOMENSWEAR BRAND.  Full Article

Foschini Group says half-year ‍group turnover up 9.2 pct
Thursday, 2 Nov 2017 

Nov 2 (Reuters) - Foschini Group Ltd ::HY ‍GROUP TURNOVER UP 9.2 PCT (CONSTANT CURRENCY +12.6 PCT) TO R12.5 BILLION​.‍HY HEADLINE EARNINGS PER SHARE EXCLUDING ACQUISITION COSTS UP 1.6 PCT (CONSTANT CURRENCY +3.9 PCT) TO 504.9 CENTS​.FOSCHINI GROUP LTD - ‍INTERIM DIVIDEND OF 325.0 CENTS PER SHARE - A 1.6 PCT INCREASE​.‍FREE CASH FLOW FOR THE HALF-YEAR UP 58 PCT​.‍TOTAL RETAIL TURNOVER GROWTH FOR FIRST 5 WEEKS OF SECOND HALF IS AT SIMILAR LEVELS TO FIRST HALF​.FOSCHINI GROUP LTD - TO OPEN OVER 100 NEW OUTLETS IN SECOND HALF OF YEAR.  Full Article

Foschini says FY HEPS up 4.1 pct
Thursday, 25 May 2017 

May 25 (Reuters) - Foschini Group Ltd :FY group turnover up 11,6% (constant currency +14.3%)to R23.5 billion (TFG africa*: +8,0%).FY headline earnings per share excluding acquisition costs up 4.1% (constant currency +5.7%) to 1099.2 cents.Final dividend of 400 cents per share, total dividend of 720 cents per share - a 4.2% increase.Net bad debt reduces by 5.4%.Gross margin for year remained broadly consistent in all merchandise categories..Political and economic uncertainty continues to cloud outlook for domestic as well as global economy.  Full Article

Foschini acquires Australia-based Retail Apparel Group
Thursday, 25 May 2017 

May 25 (Reuters) - Foschini Group Ltd::Acquisition Of Australian speciality menswear apparel retailer, Retail Apparel Group .Acquisition consideration is capped at lower of 7 times RAG's audited normalised EBITDA for year ending June 2017 and A$302.5 million.Consideration will be settled in cash.Expected purchase price has been hedged.Expected to consolidate approximately 8 months of RAG's trading performance in its 31 March 2018 results.Inclusion of RAG's trading results is expected to have a positive impact on TFG's earnings for 2018 financial year.Acquisition is expected to be earnings accretive in first year of inclusion for TFG.  Full Article

Foschini says 5-months sales growth 17,2 pct
Tuesday, 6 Sep 2016 

Foschini Group Ltd : Group produced a good result for year with total retail sales growth of 31,2 pct- CEO . Excluding impact of phase eight, group achieved retail sales growth of 11,6% with comparable sales growth of 5,7 pct-CEO . Heps from continuing operations, excluding once-off acquisition costs increased by 17,6 pct to 1 055,8 cents per share from 897,9 cents per share . Outlook for south african economy remains challenging with muted growth prospects, expected higher inflation and interest rates, currency volatility and continued political uncertainty . We will continue to open new stores and anticipate increasing trading space by approximately 6 pct in sub-saharan africa in current year . Total sales growth for first five months of this financial year is 17,2 pct including our international division .Estimate loss to creditworthy turnover to be approximately r300 million for this period.  Full Article

South African retailer TFG's CEO to retire, CFO to take over

JOHANNESBURG, March 12 The Foschini Group (TFG) said on Monday that CEO Doug Murray would retire on Sept. 3 and be replaced by the firm's chief financial officer Anthony Thunström.