Tag: Michael Mark

Truworths sees 28.2% decline in headline earnings due to COVID-19

Another retailer hit by the COVID-19 pandemic is Truworths, reporting a 28.2 per cent decrease in headline earnings.

Tough SA conditions weigh on Truworths performance

Truworths interim results revealed decreased diluted HEPS of 4.7 per cent to 361.8 cents, the clothing retailer managed to declare a dividend of 249 cents per share. Despite the tough economic climate Truworths was able to shirk a reasonable amount of debt this year. Truworths CEO, Michael Mark joins CNBC Africa for more.

Truworths reports marginal decrease in earnings

Truworths International’s FY HEPS down 0.8%