Johannesburg, May 23 (I-Net Bridge) – The improved economic health of its customers had led to an increase in sales and credit collections for furniture retailer Lewis Group (LEW), said CE Johan Enslin on Monday. Lewis Group reported an increase in earnings of 21.6% to 781 cents a share, while merchandise sales increased by 12%…
Furniture retailer Lewis Group is benefiting from improved trading conditions and debtor collections, despite continued high levels of unemployment. The group said on Friday in a trading update that sales continued to improve since its interim reporting period, with merchandise sales for the quarter to December increasing an annual 13 percent. Merchandise sales for the…
FURNITURE retailer Lewis said on Friday its merchandise sales for the third quarter ended December had increased 13%, as the company continued to benefit from its policy of working to “re-serve” customers. Merchandise sales for the nine months to December last year were also strong, reflecting a cumulative increase of 12%. “Lewis has done well…
