BRIEF-The Foschini Group Sees HY Diluted Headline Loss Per Share Between 131 - 78.6 Cents

  • Reuters
  • Stock Market News
BRIEF-The Foschini Group Sees HY Diluted Headline Loss Per Share Between 131 - 78.6 Cents
Credit: © Reuters.

Oct 23 (Reuters) - Foschini Group Ltd TFGJ.J :

* FURTHER LOCKDOWNS TO CONTINUE TO ADVERSELY IMPACT TRADE PERFORMANCE IN THESE COUNTRIES WELL INTO SECOND HALF OF 2020 CALENDAR YEAR

* ONLINE TURNOVER CONTINUES TO EXCEED MANAGEMENT'S EXPECTATION ACROSS ALL OUR MAJOR TERRITORIES, EXCEPT IN UNITED KINGDOM

* DUE TO TIGHTENING OF COVID-19 CONTROLS IN UK & EUROPE, LIKELY THAT RECOVERY WILL BE SLOWER THAN ORIGINALLY ANTICIPATED

* SEES HY DILUTED HEADLINE LOSS PER SHARE 131-78.6 CENTS

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