South-Africa: Discount Retail Apparel Chain Mr. Price Group annual results

Discount Retail Chain Mr. Price Group performance summary from its recently released FY2020 annual year-end results to 28 March 2020:

Revenues: $ 1.39 bn,

Gross proft margin: 41.2%,

Operating margin 17.5%,

Market cap: $1.88 bn

Stores: 1,378 stores (with 554 m2/store),

Units solds: 220 million


According to Mr. Price, these top achievements are only made possible by the efforts and sacrifices of the almost 20 000 associates and partners across our business - who are 'ordinary people doing extraordinary things'. Just another example of how we live our values of Passion, Value and Partnership.



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