FY Diluted HEPS up 1.9%, up 21.4% in H2 Homeware benefited from home improvement trend Shares surge to two-year high (Recasts with dividend, adds shares, analyst and context)
JOHANNESBURG, May 27 (Reuters) - South Africa’s Mr Price said on Thursday it would pay a final dividend after full-year profit rose 1.9% on a strong second half and as it captured a bigger share of the market, pushing its shares to a two-year high.
South African clothing retailers were hit hard by COVID-19 lockdowns in April and May last year and the subsequent second wave of COVID-19 infections. Millions of job losses as a result of the pandemic also constrained discretionary spending.
Poland will reopen shopping centres on May 4, while hotels will be allowed to open and restaurants will be able to serve food outdoors from May 8, Prime Minister Mateusz Morawiecki said on Wednesday, as he presented plans to lift COVID-19 restrictions.
Capri Holdings Ltd on Wednesday forecast annual revenue and profit above analysts' expectations, as shoppers return to stores in the United States following speedy vaccinations.