Pick 'n' Pay Earnings Flat And Warns Of Fragile Consumer Confidence

Shoprite Annual Sales Up 13.6%, Poised To Grow Market Share

Companies / South Africa With consumer confidence still broadly weak - reflecting the ongoing strain of the 2009 downturn on household finances and an official unemployment rate of about 25% - despite the recent pick up in headline...

Private Label Boom Far From Over, Despite Retail Resurgence

Industry / South Africa The private label boom is far from over in South Africa in our opinion, despite a strong pickup in headline retail sales. According to Statistics South Africa, April 2010 retail sales grew by 3.2% year-on-year,...

Consumer Confidence Returning Slowly As World Cup Approaches

Industry / South Africa The South African consumer market can be split into key groups. On one hand, tastes and preferences and the overall rollout of key consumer industries (including food and drink) are comparable to most...

Pioneer Foods H1 Earnings And Sales Dip

Companies / South Africa Leading South African food and drink company Pioneer Foods has reported a decline in H110 (six months to March 2010) earnings. Headline earnings per share dipped more than 50% year-on-year (y-o-y) to ZARc81.7...

Woolworths Anticipates 20% Full-Year EPS Growth

Companies / South Africa Premium South African retailer Woolworths expects earnings per share (South Africa's main profit gauge) for the year to June 2010 to increase by more than 20% year-on-year (y-o-y). The year-end guidance...