Home / General / Fashion retailer Truworths expects half-year earnings around flat after African sales fall

Fashion retailer Truworths expects half-year earnings around flat after African sales fall

South African fashion retailer Truworths International said on Thursday its half-year profit was likely to be flat to around 2% higher as constrained consumer spending has led to lower sales at its Africa business.

Truworths, which also operates in the UK, said it expects headline earnings per share – one of the main profit measures used in South Africa – to be between 489 cents and 499 cents in the six months ended December 28, from 489.2 cents in the prior ye… [755 chars]

Source: Reuters | Published: 2026-01-22T16:30:57Z

Credit: Reuters

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