Mr Price Group’s latest valuation update reflects a slightly lower fair value estimate of R297.45, paired with a modest uptick in the discount rate to 20.28%, which underscores a marginally higher ...
JOHANNESBURG, July 22 (Reuters) - South African budget fashion and homeware retailer Mr Price (MRPJ.J), opens new tab reported a 4.6% rise in first quarter retail sales on Monday as the eventual onset ...
Amidst a challenging retail landscape, Mr Price Group has reported strong half-year results that have significantly outperformed the market and its share price surged over 6.7% on Thursday. The value ...
Mr Price Group on Tuesday moved to defend its R9.24 billion acquisition of Europe-based value retailer NKD, saying the acquisition will be earnings accretive in year two, there is no need to raise ...
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The market is clearly voting with its feet on this one. Because of the size of the deal (smaller than a Category 1 transaction under JSE Listings Requirements) and Mr Price’s dismissive approach ...
Mr Price Group Ltd. faced investor skepticism over the clothing chain’s purchase of the retail business of NKD Group in Europe, a deal that has wiped about a quarter off the South African retailer’s ...
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