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Mr Price’s sales grow by 24.1% in third quarter |
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Written by Staff Reporters
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The Mr Price Group this week reported that sales for the third quarter ended 30 December grew by 24.1% in comparison to the same period in 2005.
The Apparel division (Mr Price, Mr Price Sport and Miladys) recorded sales growth of 20.9% and comparable sales growth of 14.5%. Inflation of 3.8% was recorded.
The Home division (Mr Price Home and Sheet Street) grew sales by 31.0% with comparable sales growing by 12.1%. Inflation of 15.5% was a result of the increased contribution of the furniture department to the total product mix.
The group increased sales by 28.3% in the month of December with comparable sales increasing by 17.4% in that month.
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