{
Pepkor Holdings Limited

Companies

}

pepkor holdings plans expansion with new stores and increased dividend

Pepkor Holdings Ltd., Africa’s largest clothing retailer, has seen its stock rise to a three-year high following a dividend announcement that surpassed analysts' expectations and plans for up to 300 new stores. In South Africa, improving consumer disposable income, reduced food inflation, and fewer power outages are boosting growth and confidence, while the company has managed to maintain better stock levels despite port delays.
bloomberg.com
South African Rand Pepkor Holdings Limited ZAF
Finance & Economy, Market Report
11:44 26.11.2024
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