Pick n Pay will give a better breakdown of its two divisions’ performances
Pick n Pay will on Tuesday release it’s half-year results to August 28, breaking down the turnover of its two divisions separately for the first time, following calls by investors for better disclosure.
The transparency is likely to please the market, and may give some insight into how poorly the Pick n Pay brand has been doing, while its discount brand Boxer has, by contrast, been responsible for its sales growth...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and TimesLive Premium.
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