Walmart Inc

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Other Pre-Announcement

Massmart Holdings HY Sales 41.3 Bln Zar

Published: 08/13/2021 05:23 GMT
Walmart Inc (WMT) - Jse: Msm - Sales Update, Trading Statement for the 26 Weeks Ended 27 June 2021 and Update on Impact of Civil Unrest.
Half Year Sales Rose 4.4 Percent to 41.3 Billion Zar.
Massmart - for 26-week Period Ended 27 June 2021, Massmart's Total Sales Amounted to R41.3 Billion.
Massmart - for 26-week Period Ended 27 June 2021 Comparable Store Sales Increasing by 4.8%.
Massmart - for 26week Earnings Are Expected to Be Adversely Affected by Impairment of Carrying Value of Assets in Game of Approximately R570 Million.
Massmart - Number of Additional Stores Have Been Closed for a Short Period of Time in Light of Safety Concerns.
Massmart - for 26-week Interest Costs Are Expected to Improve on Prior Year Due to Improved Levels of Average Borrowings.
Massmart - It is Too Early to Estimate Cost of Damage Caused by Civil Unrest and Subsequent Loss of Sales.
Massmart - Sales Process of Cambridge and Massfresh Businesses Continues.
Massmart - Hy Group Trading Profit, From Continuing Operations, Seen Between 751% and 771% Better Than Trading Profit of R92 Million in Same Period Last Year.
Massmart - Sees Hy Heps at Loss of 273.7 to 323.8 Cents.