Jan 24 (Reuters) - Foschini Group Ltd TFGJ.J : JSE: TFG - TFGP...

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    Jan 24 (Reuters) - Foschini Group Ltd TFGJ.J :

    • JSE: TFG - TFGP - TRADING UPDATE FOR Q3 FY2024 AND THE NINE MONTHS ENDED 30 DECEMBER 2023
    • THE FOSCHINI GROUP LTD - GROUP TURNOVER FOR Q3 FY2024 GREW 4,5% ON Q3 FY2023
    • THE FOSCHINI GROUP LTD - TFG AFRICA TURNOVER GREW 5,1% IN Q3 FY2024
    • THE FOSCHINI GROUP LTD - TURNOVER IN Q4 FY2024 IS EXPECTED TO GROW AHEAD OF Q4 FY2023
    • THE FOSCHINI GROUP LTD: GROUP ONLINE TURNOVER GREW 29,2% IN Q3 FY2024, CONTRIBUTING 9,1% (Q3 FY2023)
    • THE FOSCHINI GROUP LTD - TRADING CONDITIONS AND CONSUMER CONFIDENCE ARE LIKELY TO REMAIN UNDER PRESSURE
    • THE FOSCHINI GROUP- AFRICA TURNOVER IMPACTED BY GENERALLY SOFTER BLACK FRIDAY PERIOD IN SA , WITH STAGE 6 LOAD SHEDDING IMPLEMENTED OVER WEEKEND
    • THE FOSCHINI GROUP LTD - IN SOUTH AFRICA, CONDITIONS WERE EXACERBATED BY CONTINUED LOAD SHEDDING AND DELAYS EXPERIENCED AT PORTS
    • THE FOSCHINI GROUP LTD - IMPACT OF IMPORT DELAYS WAS OFFSET TO AN EXTENT BY ABILITY TO INCREASE VOLUMES FROM TFG'S LOCAL MANUFACTURING CAPACITY
    • THE FOSCHINI GROUP LTD - ECONOMIC CONDITIONS IN ALL OPERATING TERRITORIES REMAIN CHALLENGING
 
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