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…
FURNITURE retailer Lewis Group said yesterday that pretax profit rose 14% in the six months to September as sales increased and bad debt costs stabilised. The company that operates 565 stores under the Lewis, Best Home and Electric brands, said pretax profit increased to R441,9m from R386,6m. Furniture and appliance sales rose 11,1% with electronic…
Cape Town – Furniture retailer Lewis Group increased headline earnings per share by 14.5% to 332.5 cents in the six months to September 2010 as merchandise sales grew by 11.2% and credit collections continued to improve. An interim dividend of 156 cents per share was declared, an increase of 8.3%. Chief executive, Johan Enslin, said…
