Edition:
United Kingdom

Foschini Group Ltd (TFGJ.J)

TFGJ.J on Johannesburg Stock Exchange

16,154.00ZAc
16 Nov 2018
Change (% chg)

-68.00 (-0.42%)
Prev Close
16,222.00
Open
16,349.00
Day's High
16,702.00
Day's Low
16,080.00
Volume
857,764
Avg. Vol
1,378,855
52-wk High
24,080.00
52-wk Low
13,255.00

Latest Key Developments (Source: Significant Developments)

TFG Says Hermes Investment Management Raises Stake In Co To 5.02 Pct
Tuesday, 13 Nov 2018 

Nov 13 (Reuters) - Foschini Group Ltd ::THE FOSCHINI GROUP LTD - HERMES INVESTMENT MANAGEMENT HAS INCREASED ITS INTEREST IN ORDINARY SHARES OF COMPANY SUCH THAT TOTAL INTEREST IS 5.02%.  Full Article

Foschini Group FY Group Retail Turnover Up 21.4 pct To 28.6 bln Rand
Thursday, 24 May 2018 

May 24 (Reuters) - Foschini Group Ltd ::FY GROUP RETAIL TURNOVER UP 21,4% (CONSTANT CURRENCY +23,0%) TO R28,6 BILLION.FY HEADLINE EARNINGS EXCLUDING ACQUISITION COSTS UP 9,6% (CONSTANT CURRENCY +10,2%) TO R2,5 BILLION.FY TOTAL DIVIDEND OF 745,0 CENTS PER SHARE - A 3,5% INCREASE.FY GROSS MARGIN IMPROVED TO 52,5% (MARCH 2017: 49,7%).FOSCHINI - RETAIL TURNOVER FOR FIRST SEVEN WEEKS OF NEW FINANCIAL YEAR HAS BEEN AHEAD OF MANAGEMENT'S EXPECTATION WITHIN TFG AUSTRALIA AND TFG LONDON.FOSCHINI GROUP - DOMESTIC AND GLOBAL ECONOMIC AND POLITICAL UNCERTAINTY REFERRED TO AT HY RESULTS, CONTINUED INTO SECOND HALF OF FINANCIAL YEAR.FOSCHINI - FOR FIRST SEVEN WEEKS OF NEW FINANCIAL YEAR IN TFG AFRICA, VOLATILE TRADING WAS EXPERIENCED LARGELY DRIVEN BY MOVE OF EASTER.TFG AFRICA TURNOVER IS IN LINE WITH MANAGEMENT'S EXPECTATION FOR FIRST SEVEN WEEKS OF NEW FINANCIAL YEAR.  Full Article

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

UPDATE 1-S.Africa's rand falls on subdued risk sentiment; stocks down

* Naspers down nearly 3 percent tracking Tencent (Updates levels, add quotes)