Ghost Wrap

Ghost Wrap #61 (The Foschini Group | Mr Price | Truworths | Pepkor)

Listen Later
Welcome to Ghost Wrap, your regular update on the most interesting company news in the South African market.

In this episode of Ghost Wrap, I focused on the recent updates from four clothing retail groups:

  • The Foschini Group got the market excited about the sector, with strong growth in the local business and encouraging commentary on margins - but the offshore businesses have suffered.
  • Mr Price also put in promising revenue growth and has a positive gross margin story to tell, with the base effect making a big difference here.
  • Truworths has struggled in the local business (admittedly vs. a high base), with the UK-based business shooting the lights out - especially when translated to rands.
  • Pepkor is a perfect example of why credit sales are important for local retailers, with cash sales growth being hard to come by. 

    • The Ghost Wrap podcast is proudly brought to you by Mazars, a leading international audit, tax and advisory firm with a national footprint within South Africa. Visit the Mazars website for more information.

    ...more
    View all episodesView all episodes
    Download on the App Store
    Ghost WrapBy The Finance Ghost
    • 5
    • 5
    • 5
    • 5
    • 5

    5

    1 ratings

    More shows like Ghost Wrap

    View all
    Motley Fool Money by The Motley Fool

    Motley Fool Money

    3,182 Listeners

    The Gareth Cliff Show by The Real Network

    The Gareth Cliff Show

    71 Listeners

    We Study Billionaires - The Investor’s Podcast Network by The Investor's Podcast Network

    We Study Billionaires - The Investor’s Podcast Network

    3,367 Listeners

    WorldWide Markets with Simon Brown by JustOneLap.com

    WorldWide Markets with Simon Brown

    19 Listeners

    Be a Better Investor by Moneyweb Radio

    Be a Better Investor

    0 Listeners

    The Money Show by Radio 702

    The Money Show

    37 Listeners

    BizNews Radio by BizNews

    BizNews Radio

    19 Listeners

    The Acquirers Podcast by Tobias Carlisle

    The Acquirers Podcast

    300 Listeners

    Investec Focus Radio SA by Investec

    Investec Focus Radio SA

    7 Listeners

    Honest Money by Warren Ingram

    Honest Money

    10 Listeners

    MoneywebNOW by Moneyweb Radio

    MoneywebNOW

    5 Listeners

    The Memo by Howard Marks by Oaktree Capital Management

    The Memo by Howard Marks

    394 Listeners

    Magic Markets by The Finance Ghost and Moe-Knows

    Magic Markets

    2 Listeners

    Ghost Stories by The Finance Ghost

    Ghost Stories

    0 Listeners

    The Morgan Housel Podcast by Morgan Housel

    The Morgan Housel Podcast

    979 Listeners