South Africa’s Mr Price half-year profit grows on better Q2 sales

JOHANNESBURG, Nov 21 (Reuters) – South Africa’s Mr Price , a budget fashion and homewares retailer, reported on Thursday a 7.1% rise in earnings in the half year due to improved sales momentum in the second quarter.

Mr Price, which also sells sports clothing and equipment, reported headline earnings per share of 481.8 cents for the 26 weeks ended Sept.28.

It declared an interim dividend of 303.6 cents per share, up 7.1%. (Reporting by Nqobile Dludla; Editing by Kim Coghill)

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