Lewis Group Ltd Reports Sales Results for the Third Quarter and Nine Months to December 2023
The company increased total revenue by 8.7% in the nine months to December 2023 in an environment of sustained pressure on consumer disposable income while load shedding and congestion at the local ports continued to negatively impact economic growth. Group merchandise sales grew by 4.2%. Comparable store sales in the traditional brands grew by 3.2% for the nine months period and by 1.5% for the group.